Advice, opinions, and news from AB&C


DATE: 06/17/2024

A. Buchholtz & Company Closes Sale of Central Illinois Care Services to Avid Health at Home

New York, New York – June 14, 2024 – A. Buchholtz & Company (“AB&C”) is pleased to announce the sale of its client, Central Illinois Care Services (“CICS”), to Avid Health at Home, a portfolio company of Havencrest Capital Management. 

Headquartered in Fairview Heights, Illinois, CICS provides personal care and other daily living assistance to clients at home or in facilities across 40 Illinois counties. CICS is positioned to continue growing rapidly, driven by the increasing demand for home care.

Chicago-based Avid Health at Home operates across the Chicago metropolitan area and in North Carolina, providing exceptional in-home care to individuals of all ages. The CICS acquisition will accelerate Avid’s expansion throughout Illinois.

Mark Bremerkamp, CEO and Owner of CICS, said “Avid Health at Home is an ideal partner for CICS.  Their Northern Illinois footprint combined with our Central Illinois locations will allow the company to provide in-home services for an ever-growing group of individuals in need.  We believe that together the two companies will become the leading provider in the state.  The AB&C M&A team was instrumental in helping us identify and engage with numerous potential partners and we were able to conclude a transaction approximately 5 months after initially engaging with them.”   


Dallas-based Havencrest Capital Management is an investment manager of healthcare-focused private equity funds with more than $600M of assets under management (AUM). Havencrest comprises a leading team of investment professionals, Operating Partners and Senior Advisors, including many of the nation’s leading healthcare entrepreneurs, corporate executives and public policy experts. The Havencrest team has a successful track record in building leading companies that are changing the way healthcare is delivered in America. 


A. Buchholtz & Company is a middle-market M&A and financing advisory firm headquartered in New York whose clients include business owners, entrepreneurs, private equity firms, corporations and investors worldwide. The firm custom tailors each strategic assignment with the objective of creating multiple attractive opportunities for every client. AB&C’s professionals have advised on more than $3 billion worth of transactions.

For more information about A. Buchholtz & Company, please contact:

Andrew J. Buchholtz
A. Buchholtz & Company, LLC