Livingstone is pleased to announce the firm’s healthcare M&A team has advised Rallyday Partners, LLC (“Rallyday”) on their strategic investment in Elder Care Homecare (“Elder Care”), a premium senior home care agency serving New York, New Jersey, Connecticut, and Massachusetts. Terms of the transaction were not disclosed.
Founded by David Gilberg, Elder Care is the premier home care agency dedicated to providing exceptional, client-centered senior care, specializing in all aspects of at-home support, from companionship, personal care, and skilled nursing to specialized memory and rehabilitation care.
“From day one, Elder Care has been about putting families first—offering safety, independence, and compassionate support to each client,” said David Gilberg, Founder, CEO, and President of Elder Care. “Rallyday’s purpose-driven approach made them the ideal partner for our next chapter. Together, we will deliver even better care to the communities we serve and provide hope and comfort to countless families navigating the challenges of aging.”
Rallyday is a Denver-based private equity firm that was built by successful entrepreneurs to provide a better way of serving the aspirations of emerging companies and their leaders, empowering visionary founders to elevate entire industries. This partnership with Rallyday will provide the financial resources and strategic guidance to empower Elder Care to expand into new geographies while further strengthening its service offering and care model.
Frank A. Corvino, Managing Partner at Rallyday Partners, commented, “We are thrilled to partner with Elder Care, a team driven by deep empathy and operational excellence at every level. Their devotion to supporting seniors and their families distinguishes them as true leaders in the home care sector. At Rallyday, we seek to back companies with heart, vision, and tenacity. Elder Care exemplifies these qualities, and we are excited to touch even more lives in the years to come.”
“What sets Rallyday apart is their ability to strengthen great companies while advancing entire industries. Their investment in Elder Care reflects this philosophy. As an active advocate for the home care sector, Livingstone was pleased to support Rallyday in forging this impactful partnership,” commented Jim Moskal, Partner at Livingstone.
Mark Carl, Managing Director at Livingstone, added, “Livingstone has built unmatched momentum across the home care, home health, and broader senior care M&A landscape, advising on nearly 20 transactions to date, including the recent, notable sale of Senior Helpers to Waud Capital.”
