Springfield-based Phoenix Home Care Inc. entered the Denver market last week via an acquisition.
The company closed Dec. 28 on the purchase of Loveland, Colorado-based Vitality Home Health Care LLC for undisclosed terms, said Phoenix spokeswoman Brandi Crane.
With the buyout, Phoenix is keeping Vitality’s 75 employees on board and expects its 125 clients to transition. The nearly 6-year-old Vitality offers in-home health care services, such as personal, comprehensive and respite care, as well as homemaker services and medication assistance, according to its website
“It’ll cover the Denver market,” Crane said of the Loveland office about 52 miles north of Colorado’s capital city. “We just started last week taking over. It’s really hitting hard at the beginning of this year.”
Vitality currently is serving as a division of Phoenix but eventually will transition to the parent company’s name, Crane said.
Phoenix entered the Colorado market in 2013
with its purchase of Montrose-based Cimarron Home Care LLC. That office serves clients in the southwest region of the state.
Phoenix reported 2015 revenue of $50.2 million with nearly 2,800 employees, according to Springfield Business Journal archives