Serving Spirit Home Care
Founded in 2015, Serving Spirit is driven by a mission to provide affordable and dependable home care to seniors in the Greater Philadelphia Area. In 2023, owner and operator Damian Wargo decided it was time to identify a new partner that would transition the business into its next stage of growth.
With consecutive years of exponential growth and profits, Damian Wargo decided it was the right time to pursue other business endeavors and exit his company. After identifying Pillar Health, Damian engaged MAHA’s consultation services to manage every stage of the negotiation and due diligence process.
Client
- A leading agency for in-home, non-medical care servicing the greater Philadelphia area.
- The business consisted of 100% private pay.
- Damian was entrenched in high-level aspects of the operation and was looking to exit at a premium valuation.
Objective
- Generate and negotiate a Letter of Intent (LOI) and minimize post-close liability for Damian.
- Lead Serving Spirit through all stages of the diligence process.
- Consummate a successful transaction that allowed for a short transition for Damian.
Result
“Mike’s guidance pre and post LOI was crucial in driving the value of my business and a big factor as to why it sold. His ability to negotiate, keep me informed, problem solve, and manage all aspects of the due diligence process were exceptional. I highly recommend MAHA if you are in the market to sell your business or need assistance assessing inbound interest from potential acquirers. I could not have done it without their support.”
Damian Wargo, Owner
Serving Spirit Home Care