Caring Brands International (CBI) has acquired Bluebird Care Master, a home care, hospice and personal care franchise company located in the Republic of Ireland. CBI is a portfolio company of Levine Leichtman Capital Partners (LLCP). Financial terms of the deal were not disclosed.
The transaction gives CBI franchising rights throughout Ireland under the Bluebird Care brand, which currently holds 26 franchise locations. CBI currently has 550 locations in its portfolio throughout the United States, United Kingdom and Australia. The companies U.S. brand is Interim HealthCare, and the company works under the Just Better Care brand in Australia.
“I look forward to supporting our Irish franchisees as they continue to grow their businesses and enhance their market leadership,” Jennifer Sheets, CEO and president of Caring Brands International, said. “We are very eager to extend our award-winning support services to the team in the Republic of Ireland, so that they can continue to provide the highest standard of care to customers in their own homes, now during COVID-19, and in the future.”
Franchise owners in the network range from large private equity investors to mom-and-pop startups, some of which have been in the owners’ families for two or three generations. CBI subsidiary Interim HealthCare in 2020 ranked 33rd in Franchise Direct’s Top 100 Global Franchises.
“This acquisition demonstrates the continued support of our CBI investment. We remain focused on building value for the benefit of all CBI’s stakeholders, including franchise owners, patients, caregivers, and investors,” said Matthew Frankel, a partner at LLCP. “We are excited to partner with the Irish franchisees on their next stage of growth.”
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June 19, 2020 at 08:40PM
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Caring Brands International Acquires Irish Hospice, Home Care Franchise - Hospice News
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