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Griswold Home Care

The Deal

Bought By
Graham Weihmiller
Year
2009
Vehicle
Backed by Search Fund Partners, Pacific Lake Partners, The Cambria Group and Applied Equity
Kind
Services

A national franchisor of non-medical home care, founded at a Pennsylvania dining-room table in 1982 and grown to close to two hundred offices in thirty-two states, whose caregivers provide personal care, homemaking and companionship rather than clinical treatment.

What Happened Next

Sold in November 2012 after roughly three years under its searcher-CEO, by the backer's own account. The network still trades under the founding family's name.

The searchers held it 3 years, from 2009 to 2012.

The exit ends of journeys like this one, where the buyer has announced the purchase itself, are on Buyers.

Backed by the Same Firms

Search Fund Partners

Pacific Lake Partners

The Cambria Group

Applied Equity

Method & Source

This record is double-sourced: it joined when the purchase and, where the company has traded on, the exit could both be read in primary accounts.

These sources name who runs the business and when the firm invested, rather than saying in a sentence that the searchers bought it. One backer says it invested in Griswold in June 2009 and sold in November 2012 and names nobody. The other's table gives Graham Weihmiller as chief executive against 2010. The transaction and the person are on separate pages and neither page joins them in a sentence.