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Home Care Legacy Program

for Agency Owners

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Given the expected boom in the home care industry, you may be wondering about the future of your agency—especially if you’re on the verge of retirement. How much is your agency worth? How can you ensure the sale is on your terms? If you are weighing your options, the Home Care Legacy Program can help.

The ICA Group is now providing FREE business valuations and exit planning services to qualifying owners of independent home care agencies.

Apply Now

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Program Services

Critical for a smooth transition—an exit plan and business valuation will help you understand all of your options.

An Exit Plan: 

  • Sets a target exit date and selling price
  • Clarifies your business and personal goals
  • Establishes a management succession plan
  • Lays out a timeline with key milestones for exiting the business

A Business Valuation: 

  • Tells you how much your business is worth
  • Identifies key value drivers
  • Develops financial projections
  • Allows you to assess the financial health of your firm, and  identify any gaps you’ll need to fill between today’s value and the value you want to recoup from your business

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An Innovative Alternative

One option that you may have never considered is a sale to your employees. As word spreads, hundreds of business owners are exploring employee ownership. If you hope to: 

  • secure a competitive return for your business 
  • ensure the future of loyal employees
  • preserve your agency’s legacy in the community

A sale to your employees may be the right choice for you.

If you are interested in free technical assistance to help you assess all of your options, we invite you to apply to the Home Care Legacy Program by July 28th for priority consideration.

Apply Now

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Program Eligibility

  • Agencies must be independently owned (not part of a chain or franchise).

  • Agencies must have been operational for at least the last three years (and be willing/able to show financial statements for the last three years).

  • Agencies must show a profit in the last three years (pre-COVID19). There is no minimum requirement for profit.

  • Agencies must have at least eight full-time employees.

  • Priority will be given to agencies in our target states of Pennsylvania, Wisconsin, and New York, but all agencies will be considered.

  • Agencies led by POC, women, LGBTQI++, agencies located in rural areas and agencies accepting public pay are particularly encouraged to apply and will receive funding preference.

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Your Partner through an Ownership Transition

The ICA Group is a national nonprofit business consultancy, specializing in the development of employee-owned businesses. Our services and expertise in the home care industry include exit planning, business valuation, market research, strategic planning, capital access, and financial management.

Since 1977, we have supported the launch and growth of hundreds of employee-owned businesses and preserved over 10,000 local jobs. We start by assessing the operational and financial feasibility of the sale. From there, we employ our 5-step process, expertly refined through our 43 years of experience, to support business owners through a successful sale to their employees. 

We specialize in working with businesses where employees have limited resources. With financing for a partial or full buyout, your employees will become the new generation of owners, while you secure a fair price for the sale of your business to support a dignified retirement.

The Home Care Legacy Program is being offered in collaboration with the Keystone Development Center in Pennsylvania and the Cooperative Development Foundation in Wisconsin.

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Resources on Employee Ownership in Home Care

Ensuring Your Legacy Exit Planning Guide

What’s It Worth? Business Valuation Guide

Home Care in the Wake of COVID-19

Home Care Cooperatives in Action

2019 Cooperative Benchmarking Report

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To apply for ICA’s Home Care Legacy Program, please fill out this simple application form. We estimate it will take less than 10 minutes to complete. 

Apply Now

Applications will be reviewed on a rolling basis, but priority will be given to businesses that apply by July 28th and meet program criteria. We will contact you within 5 business days to discuss your eligibility.

Feel free to email us at homecarelegacy@gmail.com with any questions.

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Contact Us


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