The business provided licensed health care professionals such as nurses, home health aides, and therapists, to Adult Foster Care Homes as well as hospitals, doctor’s offices, and more. The business was purchased for the full asking price by a $1.5B revenue diversified health care company owned by a private equity firm. The business was sold for a multiple of approximately 5X the annual net cash flow. The business has 250 clients that they serve with a team of in-house employees as well as some independent contractors. We received a signed offer letter for the full price that was accepted after only one month from the start of marketing the company.