September 27, 2019 – New Canaan Funding (“NCF”) provided financing to support the recapitalization of Silverhawk Capital Partners’ (“Silverhawk”) investment in American In-Home Care, LLC (“AIH”). NCF provided debt financing and equity in AIH as part of this recapitalization.
Headquartered in Alpharetta, Georgia, AIH provides referral services to older adults and others needing assistance with the activities of daily living through its registry of licensed, screened, and empathetic caregivers. These independent caregivers provide private duty in-home services, including companionship, grocery shopping, meal preparation and mobility support, to help AIH’s clients reach their goal of remaining in their homes while allowing them personal control, selection, and authority over this decision.
New Canaan Funding, with offices in New Canaan, Connecticut, Wheaton, Illinois, and Naples, Florida, is a mezzanine firm focused on the middle market private sponsor community. Since its beginnings in 1995, NCF has targeted acquisitions, recapitalizations and growth financings in conjunction with its private equity clients. NCF is currently investing out of its sixth fund. The investment in AIH represents NCF’s eleventh investment in the fund. This financing represents the first with Silverhawk.
Silverhawk is a Greenwich-based independent investment group established in 2005 to invest in management buyouts and other private equity transactions within the Business Services, Growth Industrial, and Energy/Natural Resources sectors. The partners of Silverhawk have invested as a team and operated businesses since 1989 and have successfully deployed more than $1 billion of capital at high rates of return.
Contact and additional information for Silverhawk can be found at http://silverhawkcapitalpartners.com/.
Contact at New Canaan Funding: