Alpine Investors-Backed TEAM Services Group Acquires Circle of Life Home Care Anishinaabe to Expand Native American Home Care Services

Recently, VCBeat (WeChat ID: vcbeat) learned from foreign media that TEAM Services Group (TEAM), a portfolio company of Alpine Investors, announced the acquisition of Circle of Life Home Care Anishinaabe (COLHCA), a leading home care provider. COLHCA primarily provides personal care and homemaker services, with a focus on the Native American community market. The specific acquisition amount was not disclosed.

COLHCA will participate in the operation of TEAM Services Group’s service platform, TEAM Public Choices (TPC), which specializes in providing home care services to individuals with disabilities through the National Disability Insurance Scheme. Both COLHCA and TPC enjoy strong reputations in the home care industry and are committed to improving the quality of life for people with disabilities in their homes.

COLHCA has been providing home care services to Native American communities in Minnesota since 2006, and has since expanded to more than 20 regions across North Dakota, South Dakota, Montana, Colorado, New Mexico, and Arizona, serving 1,500 clients. COLHCA’s mission is “Respecting the People We Serve,” striving to become a well-known and highly respected home healthcare provider. The company’s core services include personal care and homemaker services.

COLHCA was founded by Patricia Yager, who is renowned for her passion for her career and dedication to public welfare.

TEAM is a major driver of home care services supporting the elderly and individuals with disabilities, providing in-home care to these populations. The TPC platform offers care plans that enable the elderly and individuals with disabilities to receive care in their home environments, thereby reducing care costs and improving their physical health and quality of life. Currently, TPC operates in 20 states.

TEAM provides home care solutions to families across all 50 U.S. states. TEAM believes that enabling individuals to receive care at home promotes their independence, and thus holds itself to high standards in delivering quality home care services.

Himmat Singh, CEO of COLHCA, stated, “We are excited about this partnership, as collaborating with the right company will help us unlock the power of our platform and realize our true growth potential. Through the TPC platform, we can access additional resources to strengthen our capabilities and drive the next phase of the company’s growth and development. Our strategic objectives, values, and culture are fully aligned with those of TEAM Services Group; we are both committed to ‘respecting the people we serve,’ which will facilitate the formation of a synergistic team in the future.”

“TPC CEO Josh Greenberg said, ‘We are delighted to partner with COLHCA, which continues to make a lasting impact in serving its community. We are also pleased to support this Native American home care service provider. We look forward to learning from them and providing relevant resources for their development as they strive to deliver more essential home care services to Native American communities.’”

Alpine Investors is a people-centric private equity firm dedicated to achieving long-term growth by partnering with exceptional individuals and cultivating top talent to build companies. Alpine Investors’ PeopleFirst strategy includes a CEO-in-Residence program, which collaborates with the CEOs of portfolio companies and integrates this partnership into the investment plan as part of the transaction. This approach provides a unique solution for post-investment management.

(Compiled by: Zhang Yujie)