WAYNE, PENNSYLVANIA – 07/25/2022: Falcon Capital Partners, LLC (“Falcon”), a leading middle-market investment bank, is pleased to announce the sale of GrayHawk Home Care (“GrayHawk”) to Aging with Comfort (“AWC”).

GrayHawk Home Care is a leading in-home care provider focused primarily on the Medicaid Waiver Population in the State of Pennsylvania. GrayHawk’s mission is to improve the quality of life for the neediest populations by removing the burden of ADLs with and through top-notch, highly trained family, and non-family caregivers. GrayHawk’s model is proven to deliver higher levels of client satisfaction as the Company works to address access to program services, mitigate social determinants while driving higher levels of care continuity. GrayHawk values each member of the community in which it operates with a client focused approach that is embodied by the mission statement: “Empower All People to Live Well.”

Aging with Comfort (AWC) is a Philadelphia based provider of non-medical home care services to the elderly and disabled. The Company services multiple waiver programs, including Aging Waiver, Independence Waiver, OBRA, CommCare, and Attendant Care/ACT150. AWC strives to extend the highest level of customer service to each of their customers, made possible by established relationships with both consumers and caregivers. Since its founding in 2014, Aging with Comfort has been voted as one of the top home care agencies in Philadelphia.

Driven by an aging population and outcome focused care models, the Home Care Provider space remains one of the fastest growing healthcare segments in the United States. Pennsylvania’s aging population and limited capacity in nursing homes, home care demand driven by the COVID-19 pandemic, and the demand for a community-based care model provides significant growth potential for the combined companies. AWC aims to capitalize on these demographic and market trends with this timely acquisition. GrayHawk’s leadership has built a successful company that possesses a high growth mindset, and has demonstrated dedication to client outcomes similarly shared by AWC.

Falcon served as the exclusive financial advisor to GrayHawk Home Care. Ted Stack, Managing Director at Falcon writes, “Falcon is tremendously excited to have represented GrayHawk in its sale to Aging with Comfort. Andrew Henderson, CEO at GrayHawk and the Management team have created an impressive company that is guided by market insights and demographic tailwinds to provide the highest level of care.” Andrew Henderson, CEO of GrayHawk stated, “Falcon played a critical role in ensuring that we were partnered with a firm guided by a like minded strategy and culture of care that has been synonymous to the GrayHawk name since inception.”

The terms of the transaction were not disclosed. This transaction represents another successful outcome for Falcon’s national healthcare services practice. The Falcon deal team was led by Managing Director, Ted Stack, Vice President, Don Wanner, and Senior Associate, Steve Wasylenko. For more information, please contact Ted at tstack@falconllc.com, or Don at dwanner@falconllc.com.