For Papa's Sake management transition
For Papa's Sake Home Care has announced they have sold to Avid Health at Home, LLC. The transition will take place during the first two weeks of May, closing effective May 15, 2023. For Papa's Sake will operate as a wholly owned subsidiary of Avid Health at Home, LLC. Mertz Taggart provided exclusive sell-side representation on behalf of For Papa's Sake.
For Papa's Sake was founded in 2011 by Ellen and Robert Simon, and joined by their daughter, Becky Reel in 2014. The company was named for Ellen's father, Harry Picker, to honor his legacy. For Papa's Sake was created to provide an alternative to nursing homes for the elderly. The family oversaw the company's dramatic growth and established its renowned reputation in the Arlington Heights community.
For Papa's Sake earned multiple awards and recognitions for excellence over the years, including being named the #1 agency in North America by Home Care Pulse in 2022 as well as a Leader in Experience for six consecutive years.
Reel states that she has been working closely with the Avid Health at Home management team to ensure a streamlined transition for For Papa's Sake clients and staff.
“While this has been an emotional journey for our family, we know Avid Health at Home shares a steadfast commitment to For Papa's Sake core values. I have complete confidence in the Avid team and know that our families and our staff are in the best hands,” said Reel.
The founders are confident that their legacy will be carried out through a streamlined transition of the clients and staff and that the new leadership team will continue their original mission and vision.
Avid Health is a population health, data driven, home care company that is managed by a team with decades of home care experience in the Chicago area. Their decision to purchase For Papa's Sake was based on the company's outstanding staff, reputation and potential for growth in key areas.
Reel oversaw For Papa's Sake operations through the Covid-19 pandemic, leading the company through labor shortages and unprecedented challenges, while increasing revenue 300% year over year.
“We weathered tough times together and we celebrated victories together. I could not have asked for a more fulfilling experience.” Reel added.
Reel stated that For Papa's Sake families and staff have been informed of the transaction and the transition has been smooth and is going as planned.
“I could not love my team more, every single one of them. These families and this staff have touched my heart, and I will be forever grateful for the privilege of running For Papa's Sake for nine years.” Reel said.
Ellen, Rob and Becky have all expressed their gratitude to the clients and employees for their support throughout the past 13 years and have been touched by the outpouring of support they have received from the Arlington Heights community.
For more information and additional information on these companies:
For Papa's Sake: http://forpapassake.com or (847) 873-0234.
Avid Health at Home: https://www.avidhealthathome.com/