Levine Leichtman Capital Partners, a Los Angeles-based private equity firm, announced that is has completed the sale of SH Franchising, LLC to Altaris Capital Partners, LLC. Terms of the transaction were not disclosed.

Headquartered in Timonium, Maryland, Senior Helpers is a leading franchisor of private pay, professional home care for elderly individuals, with approximately 285 active territories across 39 states. The Company differentiates itself with its proprietary, specialized programs that have been developed in collaboration with leading medical experts and was the first provider in the industry to offer specialized care services for individuals with Alzheimer’s, dementia and Parkinson’s.

Lauren Leichtman, CEO of LLCP, said, “The Senior Helpers investment has been very successful for LLCP, our partners and for the Company’s management team. Senior Helpers has a bright future ahead and we wish the management team and Altaris continued success.”

Peter Ross, CEO and Co-Founder of Senior Helpers, commented, “LLCP has been a tremendous partner by supporting our growth and key strategic initiatives. Their guidance and execution were truly invaluable to our Company over the past four years. We will miss working with the LLCP team, but we are very excited to enter our next phase of growth with Altaris.”

Piper Jaffray & Co. served as lead financial advisor and The McLean Group’s franchising practice served as co-financial advisor to Senior Helpers. The McLean Group also advised Senior Helpers in its 2012 sale to LLCP.

About The McLean Group

The McLean Group’s franchising practice provides a full range of M&A advisory and capital-raising services to franchisors and multi-unit franchisees.

The McLean Group is a leading investment bank that provides objective strategic and financial advice on mergers and acquisitions and business valuations. Our investment banking advisory and valuation services are built on comprehensive industry knowledge, extensive transaction experience, senior-level attention to every client engagement, and a real-time understanding of industry-specific value drivers. By partnering with clients and providing strategic advice through every phase of a company’s development, The McLean Group is uniquely positioned to support our clients’ long-term success.