Ustayev Management, Inc. Completes Acquisition of SarahCare of Jenkintown

Date:

Original founder re-acquires the company which was sold in 2018.

Ustayev Management, Inc. ("UMI"), a privately owned firm, today announced that it has completed the acquisition of SarahCare of Jenkintown ("SarahCare of Jenkintown" or "the Company"), a home and community-based services and adult day care company. Financial terms of the private transaction were not disclosed.

Located in Jenkintown, Pennsylvania, SarahCare, founded in 2008, provides home and community-based services, including Adult Day Care center and Home Care services. SarahCare offers companions, nutrition and medication assistance, shopping, nursing, transportation, therapeutic activities and other services. 

Arsen Ustayev was the original founder of the Company, but sold it to a Private Equity firm in 2018. Today, Arsen is happy to announce that the company has been purchased back. Arsen Ustayev will resume his role as the company President and Chief Executive Officer.

"I am pleased to announce that today I am acquiring my old company back and am returning to the operations helm. I strongly believe in the mission of SarahCare and I know with the help of our wonderful team, we can continue the post-pandemic growth of the company.

SarahCare of Jenkintown is located at 261 Old York Rd. Suite A51. Jenkintown, PA 19046. Web address: www.sarahpa.com. Phone number: 215-999-1200.

SarahCare Philosophy

SarahCare keeps families together at home by providing health-related services for those in need of assistance. Founded in 1985, SarahCare is one of the nation's leading providers of home and community-based services. Throughout the years, the company has earned its reputation as a recognized leader in providing qualified professionals to deliver family centered care that helps keep people remain at home and away from institutional facilities.

About Ustayev Management, Inc.

Ustayev Management, Inc. is a privately owned venture capital firm that invests in healthcare, real estate and various other companies in different states. The main focus of the company is quality operations and fast organic growth. Over the past 5 years, the company has had multiple successful acquisitions and mergers as the company continues to grow and expand its operations.  

Contact Information:
Arsen Ustayev
CEO
(215) 999-1200


Original Source: Ustayev Management, Inc. Completes Acquisition of SarahCare of Jenkintown

Related articles

FAN EXPO Dallas, North Texas’ Signature Pop Culture Blockbuster Event is Brimming with EXCITING Guests and Events

Tickets are on sale NOW for the celebrity-filled weekend from June 7-9, 2024 DALLAS, May 20, 2024 /PRNewswire/...

Cillian Murphy returns for 28 Years Later in “a surprising way”

28 Days Later star Cillian Murphy is said to be returning for the sequel 28 Years Later –...

Hatchet: The Complete Collection Limited Edition Steelbook includes all 4 films

Dark Sky Films is launching their Dark Sky Selects label with the 5-disc Hatchet: The Complete Collection Limited...

Miami Swim Week 2024 Powered By Art Hearts Fashion

Miami Swim Week 2024 Powered By Art Hearts FashionMiami Swim Week Powered By Art Hearts Fashion 2024 dazzled with a blend of style, trends, and unforgettable moments. Celebrating Memorial Day weekend, Art Hearts Fashion kicked off the festivities with Miami Model Week, featuring model castings, pool parties, networking events, and after-parties. On Saturday, May 25, models gathered at Fabel Miami, followed by an […]