Mergers & Acquisitions

Elara Caring to Receive Strategic Investment From Ares and DaVita Inc.

pending
6393 Elara Caring NT SP PENDING

M&A Engagement Overview

Industry Group: Healthcare & Life Sciences
Areas of Focus: Home Health and Hospice, Providers

Harris Williams is advising Elara Caring on their pending strategic investment from funds managed by Ares’ Private Equity Group (Ares) and DaVita Inc. Elara Caring is among the nation’s leading providers of high-quality, value-based home care, offering skilled home health, hospice, personal care services, behavioral health, and palliative care.

Elara’s home care platform is defined by a commitment to quality and a patient-first culture, and this transaction marks yet another significant milestone in their evolution as a leader in bringing innovative care models to market. Ares and DaVita are excited to partner with the Elara team and support their next phase of growth and innovation – expanding access, improving outcomes, and delivering an outstanding experience for patients and team members.

With a footprint in 18 states, Elara serves more than 60,000 patients and clients daily across 200 locations. At Elara, care is delivered by skilled, compassionate professionals dedicated to supporting patients with expertise and empathy. Through care innovation and a commitment to excellence, the company ensures patients receive the right care when and where they need it most.

The investment from Ares and DaVita will support Elara’s next phase of growth by helping to expand its capacity to deliver specialized, in-home care and launch innovative care models. With Ares’ experience growing high-performing healthcare businesses and DaVita’s clinical and operational expertise in value-based care, Elara is well-positioned to scale programs that improve outcomes and close gaps in post-acute care – bringing more consistent support to patients at home.

Contact the Harris Williams Healthcare & Life Sciences Group to learn more about this client engagement.