The latest in the industry’s juggernaut deals: Honor Technology Inc. has acquired Home Instead Inc. for undisclosed terms.
“The acquisition brings together the largest, highest-touch home care network and the leading home care technology and operations platform,” says a release from the companies based in San Francisco and Omaha, Nebraska, respectively. “The combined organization represents more than $2.1 billion in home care services revenue and affirms itself as the largest player in the projected $500 billion home care industry,” they say. The Home Instead network will operate under the Home Instead name as a subsidiary of Honor.