El Segundo-based 24 Hour Home Care is expanding outside of California and Arizona for the first time.
The nonmedical in-home care services company said last month that it had formed a partnership with New Mexico in-home care services company Inteli-Care, which serves the metro markets of Albuquerque and Santa Fe, as well as the cities of Santa Rosa and Socorro.
24 Hour Home Care was co-founded in Torrance in 2008 by David Allerby and Ryan Iwamoto after they both had trouble securing quality home care for family members. Since then, the company has expanded to cover California and Arizona; its 10,000-plus caregivers provide in-home care to roughly 13,000 clients.
The company is also a vendor with all 21 California nonprofit agencies that coordinate care for residents with developmental disabilities.
In Oct. 2021, San Francisco-based private equity firm Alpine Investors acquired 24 Hour Come Care and made it a subsidiary of another one of its (Alpine Investors’) portfolio companies, TEAM Public Choices, a San Diego-based home care company. TEAM Public Choices serves more than 40,000 clients using more than 60,000 caregivers nationwide.
Inteli-Care was founded in 2003 by husband-and-wife duo Onesimo and Rachel Vigil and now provides non-medical care to more than 500 clients.
The partnership agreement between 24 Hour Home Care and Inteli-Care actually took place in mid-November, but was not announced by 24 Hour Home Care until Dec. 5.
According to the announcement, the two home-care entities had been in discussions about a potential deal for more than a year.
