Avid Health at Home buys Tech Med in its 8th tuck-in deal
What's the deal? Havencrest Capital ManagementDealroom has a profile for this one. Try Dealroom →'s portfolio company Avid Health at HomeDealroom has a profile for this one. Try Dealroom → has acquired Tech Medical Home Care Services, its eighth tuck-in acquisition. Tech Med, based in Kentucky and Ohio, extends Avid's reach across the Midwestern US. Terms were not disclosed.
What each side brings: Avid is a multi-state, technology-enabled home care provider serving frail, disabled, and elderly individuals who need help living independently. Havencrest is a Dallas-based healthcare private equity firm with more than $600M in assets under management.
Why now? The deal continues a steady rollup Havencrest has run since 2023, following sixth and seventh tuck-ins completed in April 2025. "The continued growth of the Avid platform demonstrates our commitment to meet the rising demand for home care services nationwide," said Christopher W. Kersey, founding managing partner of Havencrest.
What's the endgame? Havencrest is building Avid into a multi-state platform through geographic expansion across states including North Carolina, Illinois, and Michigan. Avid was recently featured by AlayaCare, a cloud-based home care software company, for its AI-driven workflow automation and tech stack integration.
What changes for customers? Avid CEO Jen Lentz said the focus stays on "person-centered care that empowers clients to live safely and independently at home." Tech Med's clients and staff move under the Avid brand.
The signal: The deal reinforces a broader private equity trend, with home care remaining a favored sector for add-on acquisitions in 2024 and 2025. Havencrest targets founder-owned healthcare companies with EBITDA between $3M and $15M+. By itself another tuck-in is routine — but the pace signals Havencrest's intent to keep scaling Avid across new markets.
Read more: PR Newswire
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