Griswold Home Care
The Deal
- Bought By
- Graham Weihmiller
- Year
- 2009
- Vehicle
- Backed by Search Fund Partners and Pacific Lake Partners
- 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.
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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 rather than inferred.
- Search Fund Partners' own account searchfunds.net
- Pacific Lake Partners' own account pacificlake.com
- The company's own account griswoldhomecare.com
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.