[LIBERTY LAKE, Wash.] –

Family Resource Home Care announced this week the acquisition of Beneficial In-Home Care, Inc., one of Eastern Washington’s largest home care agencies with six locations in Spokane, Colville, Wenatchee, Moses Lake, Pullman, and Omak. This acquisition further strengthens Family Resource Home Care’s footprint in Washington and enhances its ability to serve more communities with compassionate, high-quality care. Combined, the two agencies will serve more clients in these markets than any other home care agency.

 

“The opportunity to acquire Beneficial In-Home Care was a perfect alignment with our growth and market development strategies at Family Resource,” said Hector Barragan, CEO of Family Resource Home Care. “With a strong reputation for delivering exceptional support to seniors and families across Washington, we are thrilled to welcome their dedicated team to our organization and look forward to continuing to grow together.”

 

Family Resource Home Care is the largest independent home care agency based in the Pacific Northwest and one of the largest in the United States. Since 2019, Family Resource Home Care has grown from eight locations to over 35 across Washington, Oregon, Idaho and Colorado.

The company provides a wide range of services to seniors, including personal care, medication management, meal preparation, housekeeping, companionship, dementia support, and end-of-life, transitional, and respite care.

 

“For over 20 years, Beneficial In-Home Care has been committed to improving the lives of our clients and their families through compassionate and reliable care,” said Corey Ross, CEO of Beneficial In-Home Care. “As we looked for the right transition plan for our company, we were elated that Family Resource Home Care expressed interest. As the market leaders in home care alongside us, this is truly the joining of two exceptional organizations that will allow for the expansion of our mission and provide even greater support to our clients and caregivers.”

 

As part of its strategic growth and value creation plan, Family Resource Home Care has deployed a robust acquisition strategy to identify agencies for sale in its target markets. The company has a strong track record of ensuring a seamless transition for clients, caregivers, and staff while maintaining continuity of care. For this most recent transaction, Family Resource will integrate operations over the next several months to bring the Beneficial organization fully under the Family Resource umbrella.

 

For the transaction, The Braff Group served as the exclusive financial advisor to Beneficial In-Home Care.

 

 

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About Family Resource Home Care:

Family Resource Home Care is the Pacific Northwest’s largest independent provider of in-home care services, offering a range of support for seniors and families. With a focus on compassionate care and personalized service, the company is dedicated to helping individuals maintain their independence and quality of life at home.

 

Family Resource is headquartered in Liberty Lake, WA, and has field offices across Colorado, Idaho, Oregon, and Washington. In 2020, the company entered an investment partnership with Great Point Partners, a healthcare-focused private equity group based in Greenwich, CT. As one of Great Point’s portfolio companies, Family Resource is pursuing ongoing strategic market share growth, industry acquisitions, and geographic expansion.

 

More information about Family Resource and its services can be viewed online at www.familyresourcehomecare.com.

 

 MEDIA CONTACT

Sasha Weiler, Chief Growth Officer

Family Resource Home Care

sashaw@familyrhc.com | 425.223.2416