---
title: "General Atlantic Acquires Home Care Provider TEAM Services For $3B"
url: https://burnaze.com/article/f3430fe0-fc8b-44b3-8fbd-b07a361680e5
source: "Home Health Care News"
original_url: https://homehealthcarenews.com/2026/04/general-atlantic-acquires-home-care-provider-team-services-for-3b/
author: "Morgan Gonzales"
category: "Home care"
industry: "Senior Care"
segment: "Home care"
topics: ["Finance & M&A"]
published: 2026-04-09T16:07:58.000Z
modified: 2026-10-31T14:58:15.268Z
image: https://homehealthcarenews.com/wp-content/uploads/sites/2/2019/03/HHCN-Facebook-Share-Size.jpg
---

# General Atlantic Acquires Home Care Provider TEAM Services For $3B

**TL;DR:** Growth and private equity firm General Atlantic has acquired TEAM Services Group from Alpine Investors for $3 billion. TEAM Services is a home care services company that operates in all 50 states and employs 100,000 caregivers and household staff.

*By Morgan Gonzales, originally published in Home Health Care News on 2026-04-09. [Read the original](https://homehealthcarenews.com/2026/04/general-atlantic-acquires-home-care-provider-team-services-for-3b/).*

## Key facts

- General Atlantic acquired TEAM Services for $3B
- TEAM Services operates in all 50 states
- General Atlantic has $126B in assets under management

## Story

Growth and private equity firm General Atlantic has acquired TEAM Services Group from Alpine Investors for $3 billion, according to Bloomberg.

The deal, completed last week and not publicly announced at the time of signing, values TEAM Services at approximately 10x EBITDA, the outlet reported, citing an unnamed source with knowledge of the deal. The $3 billion price tag includes debt.

General Atlantic declined Home Health Care News’ request for comment. TEAM Services and Alpine Investors did not immediately respond to HHCN’s request.

## Company overview

San Diego-based TEAM is a home care services company that operates in all 50 states and employs 100,000 caregivers and household staff. The company offers agency-based home care, household employment services, including payroll and HR solutions and financial management services for consumer-directed care. TEAM Services has completed a slew of home care investments over its history, including the acquisition of 24 Hour Home Care in 2021.

“A cost-efficient investment in home care can pay remarkable dividends for clients, their families and the various state programs that support them,” Josh Greenberg, the founder and former CEO of TEAM Services Group, told HHCN at the time of the 24 Hour Home Care deal. “We are focused across the country on making the provision of care as efficient, effective and as beneficial as possible.”

## Investor profiles

New York City-based General Atlantic has $126 billion in assets under management. The firm’s portfolio includes health care, technology, financial services and life sciences companies, among others.

On its end, San Francisco-based Alpine Investors – which has called itself an anti-private equity firm – focuses on software, business and consumer services-related investments with EBITDA of $1 million to $50 million.

## Market context

The deal comes less than two months after another notable private equity/home-based care deal: Kinderhook Industries’ acquisition of Enhabit Inc. for $1.1 billion.

Morgan Gonzales is an award-winning reporter and associate editor of Home Health Care News. She received her bachelor's degree from the University of South Carolina and her master's from the University of Georgia. Her work has appeared in Behavioral Health Business, KFF Health News, Dallas Morning News and U.S. News and World Report. When not reporting, Morgan is usually on a trail, doing yoga, or cuddling with her cats, Ellen and Ocho.

## Entities

- Senior Care (sector)
- private equity (topic)
- acquisition (topic)
- home care services (topic)
- Home Health Care News (publication)
- Morgan Gonzales (person)
- General Atlantic (investor)
- TEAM Services Group (company)
- General Atlantic acquisition of TEAM Services Group (deal)
- Alpine Investors (investor)
- Josh Greenberg (person)

---
Originally reported by Morgan Gonzales, Home Health Care News (https://homehealthcarenews.com/2026/04/general-atlantic-acquires-home-care-provider-team-services-for-3b/). Summarized by Burnaze (https://burnaze.com/article/f3430fe0-fc8b-44b3-8fbd-b07a361680e5).