(Pasadena, California) – Keystone Business Advisors announced that RAAS, Inc., dba Innovative Home Health Care, a home health staffing agency for nurses, physical and occupational therapists and related health professionals based in Pasadena, has been acquired by a private family office. Keystone represented the buyers of the company.
“Although Keystone primarily represents sellers,” said Mark Richard who handled the transaction for Keystone, “in this particular case, the buyers were extremely well-qualified and knew exactly what they were looking for. Keystone sees a lot of businesses in this sector, both for medical and non-medical caregivers,” he continued, “and they are often profitable and growing businesses. Through our process, we were able to identify and close on a very successful model for this category.”
Rachel Hecht, the principal buyer, was eager to express her appreciation after the transaction. “I highly recommend Keystone Business Advisors,” she said. “Mark Richard is a consummate professional and master of his craft. He is knowledgeable, precise and genuine. He consistently went above and beyond for us throughout the process, and we could not be more grateful for his part in securing our new business.”
Innovative Home Health Care provides innovative, quality, safe and effective home care to persons in need of those services. Their primary goal is to be the provider of choice for all home care services: intermittent skilled nursing, physical therapy, occupational therapy, speech & language therapy; home health assistance and medical social work services. Their strategic vision is to create and sustain a leading high quality home health care service that supports individuals to live as independently as possible in the comfort of their own homes. They personalize services to meet clients’ situations respectfully and compassionately, fostering independence, preserving dignity and improving quality of life.