Healthcare Practice

A focused practice for healthcare businesses.

We are building durable healthcare operating platforms across the United States and Canada, with a primary focus on U.S. home health and assisted living facilities.

12–40 healthcare acquisitions targeted through 2025–2028.

Forward-looking acquisition target

Target Industries

Where we focus.

U.S. focus

Home Health

Skilled, Medicare-certified home health agencies delivering clinical care where patients live.

U.S. focus

Assisted Living

Assisted living and senior living communities serving a growing 80+ population.

U.S. & Canada

Home Care

Non-medical personal care and companion services supporting aging in place.

How we operate.

Continuity

Respect the people, reputation, and relationships built by the existing owners.

Capability

Add capital, operating resources, technology, and talent where useful.

Scale

Build durable platforms through disciplined organic growth and acquisitions.

Market Perspective

The market behind our healthcare thesis.

Third-party research across the United States and Canada points to durable, demographics-driven demand in home health, assisted living, and home care — with a primary focus on U.S. home health and assisted living facilities.

Data as of Q1 2026

U.S. Home Health

$160B

Projected U.S. home healthcare market by 2026

Source: Grand View Research

~10.5%

Global home healthcare CAGR through 2033 (~$485B in 2025 to ~$1.0T)

Source: Fortune Business Insights

42%

North America's share of global home healthcare revenue, 2025

Source: Grand View Research

6.1M+

Projected U.S. home care job openings, 2024–2034 — second among all occupations

Source: U.S. Bureau of Labor Statistics projections

U.S. Assisted Living & Senior Housing

89.5%

Senior housing occupancy in Q1 2026 — 19th consecutive quarter of gains; assisted living at 87.9%

Source: NIC MAP

~5%

Assisted living rent growth year over year, above the ~3% long-term average

Source: NIC MAP

$25B

Senior housing transaction volume in 2025 — among the strongest years on record

Source: NIC MAP

Inventory growth in 2025 — a two-decade low, supporting a durable supply-demand imbalance

Source: NIC MAP

82M

Projected U.S. adults aged 65+ by 2050, up from ~61M today (~18% of the population)

Source: U.S. Census Bureau

Home Care (Non-Medical)

$658B

Global home care services market in 2026, projected to ~$1.33T by 2033 (~10.6% CAGR)

Source: Coherent Market Insights / Future Market Insights

53M

Unpaid U.S. family caregivers contributing an estimated $870B in informal care annually

Source: AARP / National Alliance for Caregiving, 2025

Canada

US$17.7B

Canadian home healthcare market in 2025, projected to US$26.2B by 2030 (8.1% CAGR)

Source: Mordor Intelligence

23–25%

Share of Canada's population projected to be seniors (65+) by 2036

Source: Statistics Canada / CIHI

2×

Canada's 75+ population is projected to double in size by 2037

Source: CIHI

1 in 10

Canadian seniors aged 75+ living in residential care

Source: CIHI

Healthcare M&A Backdrop

$18B

U.S. health services M&A deal value in Q1 2026, with value and volume expected to rebound after a slower 2025

Source: PwC Health Services Deals Outlook

Home-based care remains among the most active healthcare M&A sub-sectors, led by sponsor-backed strategic add-ons

Source: Mertz Taggart Home-Based Care M&A Report

Deloitte and KPMG both flag continued consolidation and private-capital interest across care delivery.

Sources

Market data reflects third-party research and is provided for informational context only. Celer Capital makes no representation as to its accuracy or completeness.

The full research: counts, charts, benchmarks, M&A.

Provider universe by sub-industry, valuation benchmarks, deal volume by year, U.S. and Canada — with 11+ exhibits and full citations.

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Own or advise a healthcare business?

We welcome confidential conversations with owners and advisors in home health, assisted living, and home care.