Editorial & Advertiser Disclosure Global Banking And Finance Review is an independent publisher which offers News, information, Analysis, Opinion, Press Releases, Reviews, Research reports covering various economies, industries, products, services and companies. The content available on globalbankingandfinance.com is sourced by a mixture of different methods which is not limited to content produced and supplied by various staff writers, journalists, freelancers, individuals, organizations, companies, PR agencies Sponsored Posts etc. The information available on this website is purely for educational and informational purposes only. We cannot guarantee the accuracy or applicability of any of the information provided at globalbankingandfinance.com with respect to your individual or personal circumstances. Please seek professional advice from a qualified professional before making any financial decisions. Globalbankingandfinance.com also links to various third party websites and we cannot guarantee the accuracy or applicability of the information provided by third party websites. Links from various articles on our site to third party websites are a mixture of non-sponsored links and sponsored links. Only a very small fraction of the links which point to external websites are affiliate links. Some of the links which you may click on our website may link to various products and services from our partners who may compensate us if you buy a service or product or fill a form or install an app. This will not incur additional cost to you. A very few articles on our website are sponsored posts or paid advertorials. These are marked as sponsored posts at the bottom of each post. For avoidance of any doubts and to make it easier for you to differentiate sponsored or non-sponsored articles or links, you may consider all articles on our site or all links to external websites as sponsored . Please note that some of the services or products which we talk about carry a high level of risk and may not be suitable for everyone. These may be complex services or products and we request the readers to consider this purely from an educational standpoint. The information provided on this website is general in nature. Global Banking & Finance Review expressly disclaims any liability without any limitation which may arise directly or indirectly from the use of such information.

Generational Equity Advises East Tennessee Personal Care Service in Sale to Amedisys

Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, East Tennessee Personal Care Service LLC (ETPCS), to Associated Home Care, a subsidiary of Amedisys Inc. The acquisition closed May 1, 2018.

East Tennessee Personal Care Service, based in Knoxville, Tennessee, offers personal care, homemaker services, personal support and Licensed Practical Nurses (LPNs) to clients to encourage independent living 24 hours a day, seven days a week.

With 212 employees, ETPCS is the largest provider of personal care services in its metro area and delivers care to about 600 clients per year.

“We are thrilled that we will join the Amedisys family,” said Penny Bandy, ETPCS Executive Director. “We have been committed to the markets we serve for 14 years, and this transaction will ensure that our clients continue to receive the care they have come to expect from the aides they depend on.”

“I am confident the Amedisys family is the right choice for our company and our clients,” said Bill Linam, ETPCS Business Manager and Co-Owner. “I can retire with ease knowing the same traditions, values and commitment to providing consistent, quality care will continue under Amedisys.”

Amedisys Inc., headquartered in Baton Rouge, Louisiana, with an executive office in Nashville, Tennessee, is a leading healthcare at home company delivering personalized home health, hospice and personal care.

“This transaction is exciting because it enlarges our personal care footprint outside of Massachusetts,” said Amedisys President and CEO Paul Kusserow. “This allows us to continue to focus on our overall strategy of expanding our capabilities across the home health continuum and in this important market.”

Generational Equity Senior Managing Director Julie Sandoval’s team successfully closed the deal. Senior Managing Director David Robinson established the initial relationship with ETPCS.

“The buyers and sellers were an instant fit, and this process involved various moving parts, long hours and dedicated parties to complete the transaction,” said Sandoval. “It took longer than expected, but the professionalism and commitment on both sides eventually brought things to a successful close.”