Latest news with #ElderCareHomecare
Associated Press
7 hours ago
- Business
- Associated Press
STELLUS CAPITAL MANAGEMENT, LLC PROVIDES UNITRANCHE FINANCING IN SUPPORT OF RALLYDAY PARTNERS' INVESTMENT IN ELDER CARE HOMECARE
HOUSTON, Aug. 19, 2025 /PRNewswire/ -- Stellus Capital Management, LLC ('Stellus') announced today that its affiliates provided senior debt financing and an equity co-investment in support of Rallyday Partners' ('Rallyday') investment in Elder Care Homecare ('Elder Care'), a premium senior home care agency serving New York, New Jersey, Connecticut, and Massachusetts. Established in 2008, Elder Care provides a suite of offerings, including personal care, companionship, skilled nursing, memory care, and rehabilitation, helping seniors thrive at home. Elder Care leverages highly trained caregivers, robust clinical oversight, and a personalized approach to deliver best-in-class solutions for every family it serves. Frank A. Corvino, Managing Partner at Rallyday, said, 'We are thrilled to partner with Elder Care, a team driven by deep empathy and operational excellence at every level. Their devotion to supporting seniors and their families distinguishes them as true leaders in the home care sector', adding 'We are grateful for the partnership with Stellus on this exciting opportunity and look forward to their continued support as Elder Care continues to grow its footprint. The Stellus team was thoughtful and efficient throughout the entire financing process.' John Sievers, Managing Director at Stellus, added, 'Elder Care has established a reputation as a premiere home care agency in the Northeast given its commitment to helping seniors and their families navigate the aging journey with the highest quality of care. We are excited to partner with Rallyday and the Elder Care management team on their ongoing success and believe Elder Care's best-in-class service offering is well positioned to meet increased demand from seniors and their preference to receive superior care in the comfort of their own home.' View original content to download multimedia: SOURCE Stellus Capital Management, LLC
Yahoo
7 days ago
- Business
- Yahoo
Provident Healthcare Partners Advises Elder Care Homecare on its Partnership with Rallyday Partners
BOSTON and NEW YORK, Aug. 12, 2025 /PRNewswire/ -- Provident Healthcare Partners ("Provident"), a leading healthcare investment banking firm, is pleased to announce its role as exclusive financial advisor to Elder Care Homecare ("Elder Care") in a transformative platform transaction with Rallyday Partners ("Rallyday"). This strategic partnership marks a significant milestone in the post-acute care sector and will allow Elder Care to expand its ability to deliver high-quality, concierge-level nursing and home care services across the Northeast. Provident's deal team was led by Managing Director, Kevin Palmara, and Director, Jake Vesely. Polsinelli served as legal counsel to Elder Care, and Brownstein Hyatt Farber Schreck served as legal counsel to Rallyday. "It was a pleasure working with Provident. Having Provident on our side allowed us to continue to grow and scale as we searched for the right partner, which was important for our team to continue its mission of providing the highest quality of care to seniors in their homes. Additionally, it was important for our organization to find the right partner as we scale, and Provident exceeded expectations. I would highly recommend Provident," commented David Gilberg, CEO of Elder Care. "We were honored to represent David and the Elder Care Homecare team in their partnership with Rallyday. For more than two decades, Elder Care has been a trusted pillar in its communities. After a competitive process, Rallyday emerged as the ideal partner to carry that legacy forward, with a strong track record of supporting founder-led businesses and a shared vision for expanding access to best-in-class care," noted Jake Vesely. About Elder Care HomecareElder Care Homecare is the premier home care agency dedicated to providing exceptional, client-centered senior care across New York, New Jersey, Connecticut, and Massachusetts. Elder Care was founded with the mission to help families and seniors receive the highest quality of care during one of the most challenging times of their life. The company is deeply committed to helping families navigate the aging journey with dignity, compassion, and safety, empowering seniors to thrive in the comfort of their own homes. For more information, visit About Rallyday PartnersRallyday Partners is a Denver-based private equity firm that was built by successful entrepreneurs to provide a better way of serving the aspirations of emerging companies and their leaders. Rallyday's purpose is to empower leaders to go even bigger, create the most value for the most people, and share in the experience of a lifetime. The firm's 'by founders for founders' approach provides an alternative to traditional private equity. For more information, visit About Provident Healthcare PartnersProvident is a leading healthcare investment banking firm specializing in merger and acquisition advisory, strategic planning, and capital formation services for healthcare companies. The firm has a comprehensive knowledge of market sectors and specialties, including post-acute care. Provident also has unsurpassed experience and insight into the M&A process, which includes working with a multitude of investors such as private equity firms and strategic consolidators. For additional information, visit or follow Provident on LinkedIn. Contact: Provident Healthcare PartnersJake Vesely617-226-4293jvesely@ View original content to download multimedia: SOURCE Provident Healthcare Partners LLC
Globe and Mail
07-04-2025
- Health
- Globe and Mail
Elder Care Homecare Expands In-Home Care for ALS Patients in Nassau County, NY
The company continues prioritizing specialized In-Home Care Services to Support ALS Patients and Families in Nassau County. Nassau County, NY - Elder Care Homecare, a leading provider of compassionate and professional in-home care services, is proud to announce its commitment to offering families easy access to In-Home Care for ALS in Nassau County, NY. This initiative is designed to ensure that families affected by Amyotrophic Lateral Sclerosis (ALS) have access to the resources and support they need, including specialized ALS Home Health Care in Nassau County, NY. ALS, a progressive neurodegenerative disease, presents unique challenges for patients and their families. Elder Care Homecare recognizes the need for specialized care and has tailored its services to provide comprehensive support, including skilled nursing, personal care, and emotional assistance, all within the comfort of the patient's home. 'Our mission has always been to provide families with the highest quality care and support during challenging times,' said David Gilberg, owner of Elder Care Homecare. 'With our expanded In-Home Care for ALS in Nassau County, NY, we aim to ease the burden on families by offering accessible, compassionate, and specialized care tailored to the unique needs of ALS patients.' Key Services Offered: Personalized care plans designed for ALS patients Skilled nursing services Nursing services include: Assistance with daily living activities Emotional and respite support for families Administering Medications Feeding Tube Care Respiratory Support Skilled nurses are equipped to monitor breathing patterns and manage devices like ventilators or BiPAP machines. They ensure that patients receive the right amount of respiratory support to avoid complications like respiratory failure. Monitoring Vital Signs: vital signs, such as blood pressure, heart rate, and oxygen levels, must be monitored regularly in ALS care. Skilled nurses are trained to detect changes in a patient's condition and can intervene quickly if abnormalities arise. This constant vigilance helps prevent emergencies and allows for timely adjustments to care plans. Managing Ventilators and Medical Equipment: For ALS patients who rely on ventilators or other medical devices, skilled nurses provide essential management and oversight. Elder Care Homecare's team of trained professionals is dedicated to enhancing the quality of life for ALS patients while providing peace of mind to their families. By bringing ALS Home Health Care in Nassau County, NY directly to patients' homes, Elder Care Homecare ensures families can focus on what matters most—spending precious time together. For more information about Elder Care Homecare and their In-Home Care for ALS in Nassau County, NY, or to schedule a consultation, please visit their website at About Elder Care Homecare: Elder Care Homecare is a trusted provider of in-home care services, offering personalized support to individuals and families across Nassau County, NY. With a focus on compassion, professionalism, and quality care, Elder Care Homecare is committed to improving the lives of those they serve. Media Contact Company Name: Elder Care Homecare - Long Island Contact Person: Ian Dorfman Email: Send Email Phone: (914) 268 6221 Address: 1025 OLD COUNTRY RD STE 314 City: WESTBURY State: NEW YORK 11590-5629 Country: United States Website:
