HouseWorks Acquires A Caring Experience, Bolsters NE Presence

HouseWorks Holdings has significantly bolstered its New England operational footprint through the strategic acquisition of A Caring Experience, a prominent home care provider based in Rhode Island. This latest transaction marks the twelfth completed deal since HouseWorks partnered with private equity firm InTandem Capital Partners in December 2022, underscoring a robust growth trajectory in the personal care services sector.

The integration of A Caring Experience, established in 1999 and headquartered in Cranston, Rhode Island, not only extends HouseWorks' service area into a new state but also enhances its capacity to deliver specialized in-home care to seniors across the broader Northeast region. The acquired entity brings a well-regarded reputation and a deep understanding of the local market, complemented by its own caregiver training school, which aligns with HouseWorks' commitment to developing a high-quality workforce.

Jon Fradin, CFO and EVP of Corporate Development at HouseWorks, expressed enthusiasm for the addition, noting that Dean Denuccio and his team at A Caring Experience have cultivated a strong reputation as a trusted senior care resource in Rhode Island. "We are excited to welcome this team to the HouseWorks family of companies as we continue to grow our presence across New England," Fradin stated, highlighting the strategic importance of this expansion.

From the seller's perspective, Dean Denuccio, Founder and CEO of A Caring Experience, shared his confidence in the new partnership. "We have followed HouseWorks for some time and have come to know, trust, and appreciate their approach to delivering care to seniors and supporting the caregiver workforce," Denuccio commented. He emphasized that this collaboration ensures continuity of support and quality care for both their clients and dedicated caregivers.

Mike Trigilio, CEO of HouseWorks, reiterated the company's strategic focus on integrating high-caliber, founder-led organizations that share core values. "This partnership reflects our continued focus on aligning with high-quality, founder-led organizations that share our values and commitment to care," Trigilio remarked. He added that HouseWorks plans to leverage its resources and infrastructure to support A Caring Experience's team while preserving the local leadership and distinct culture that have driven its success.

The home care market, a vital segment of the healthcare services industry, is experiencing sustained growth driven by an aging population and a preference for aging in place. The U.S. home healthcare market alone is projected to reach significant figures in the coming years, with demand for skilled and compassionate caregivers increasing. Acquisitions like this one by HouseWorks, backed by InTandem Capital Partners, are instrumental in consolidating fragmented markets and scaling service delivery to meet this rising demand across diverse communities.