ModivCare Overview
- Year Founded
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1996
- Status
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Private
- Employees
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23,675
- Latest Deal Type
-
General Corporate Purpose
- Financing Rounds
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18
- Investments
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23
ModivCare General Information
Description
ModivCare Inc is a technology-enabled healthcare services company that provides a suite of integrated supportive care solutions for payors and their members. Its solutions address the social determinants of health (SDoH) by connecting members to essential care services. Its various service offerings include non-emergency medical transportation, personal care, virtual and remote monitoring, consumer health engagement, and integrated supportive care. The company's reportable segments are NEMT, PCS, Monitoring, and Corporate and Other. A majority of its revenue is generated from the NEMT segment, which provides non-emergency medical transportation services.
Contact Information
Website
www.modivcare.comCorporate Office
- 6900 Layton Avenue
- Suite 1200
- Denver, CO 80237
- United States
Corporate Office
- 6900 Layton Avenue
- Suite 1200
- Denver, CO 80237
- United States
ModivCare Timeline
ModivCare Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
ModivCare Comparisons
Industry
Financing
Details
ModivCare Competitors (2)
One of ModivCare’s 2 competitors is Crothall Services Group, a Formerly PE-Backed company based in Wayne, PA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Crothall Services Group | Formerly PE-Backed | Wayne, PA | ||||
| American Medical Response | Private Equity-Backed | Lewisville, TX |
ModivCare Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
ModivCare Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
ModivCare Investments & Acquisitions (23)
ModivCare’s most recent deal was a Merger/Acquisition with Higi (Decision/Risk Analysis) for . The deal was made on 29-Mar-2023.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Higi (Decision/Risk Analysis) | 29-Mar-2023 | Merger/Acquisition | Other Healthcare Services | ||
| Our Home Care | 30-May-2022 | Merger/Acquisition | Other Healthcare Services | ||
| Guardian Medical Monitoring | 11-May-2022 | Merger/Acquisition | Monitoring Equipment | ||
| VRI | 22-Sep-2021 | Merger/Acquisition | Monitoring Equipment | ||
| CareFinders Total Care | 14-Sep-2021 | Merger/Acquisition | Elder and Disabled Care |
ModivCare Exits (4)
ModivCare’s most recent exit was on 26-Apr-2019 from Libertine. The exit was categorized as with 5 buyers.
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| Libertine | 26-Apr-2019 | Completed |
|
||
| Circulation (Other Healthcare Services) | 11-Jul-2017 | Completed |
|
||
| Mission Providence | 06-Dec-2014 | Completed |
|
||
| Ingeus Australia | 30-May-2014 | Merger/Acquisition | Completed |
ModivCare Affiliates
Subsidiaries (6)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Higi (Decision/Risk Analysis) | Chicago, IL | 2012 | |
| A & B Homecare Solutions | New Haven, CT | 1999 | |
| Guardian Medical Monitoring | Southfield, MI | 1998 | |
| CareFinders Total Care | Hackensack, NJ | 1995 | |
| WCG International Consultants | Victoria, Canada | 1994 |
ModivCare FAQs
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When was ModivCare founded?
ModivCare was founded in 1996.
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Where is ModivCare headquartered?
ModivCare is headquartered in Denver, CO.
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What is the size of ModivCare?
ModivCare has 23,675 total employees.
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What industry is ModivCare in?
ModivCare’s primary industry is Other Healthcare Services.
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Is ModivCare a private or public company?
ModivCare is a Private company.
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What is ModivCare’s current revenue?
The current revenue for ModivCare is .
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How much funding has ModivCare raised over time?
ModivCare has raised $650M.
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Who are ModivCare’s investors?
Coliseum Capital Management has invested in ModivCare.
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Who are ModivCare’s competitors?
Crothall Services Group and American Medical Response are competitors of ModivCare.
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