Understanding Ownership: Who is the owner of Caring Care?

With a rapidly aging population, the senior care industry has expanded exponentially, making reputable resources crucial for families. A common question for those seeking support is, Who is the owner of Caring Care?, a query that reveals a complexity stemming from multiple entities using very similar names.

Quick Summary

The specific answer depends on the entity in question. Caring Care Ltd, a UK home care provider, was founded by Paramjit Bains, while the prominent US-based resource site, Caring.com, is owned by Caring Holdings, LLC, following a series of acquisitions and divestitures.

Key Points

• Multiple Entities: The name 'Caring Care' is used by multiple, distinct companies, including a UK home care agency and a US-based resource website.

• Caring Care Ltd (UK): This home care provider was founded by Paramjit Bains in 2008 and remains family-owned and operated.

• Caring.com (US): This online referral service was founded in 2007 and, after a series of corporate buyouts, is now owned by Caring Holdings, LLC.

• Ownership History: The ownership of Caring.com changed multiple times, notably through acquisitions by Bankrate and Caring Holdings, following an FTC-mandated divestiture.

• Due Diligence is Key: For those seeking care, it is essential to look beyond the name and verify the specific company's details, including its location and services, to avoid confusion.

• Confusion with Other Services: Similar names like 'Caring Healthcare' also exist, further complicating the search process for consumers.

Unraveling the 'Caring Care' Identity

Due to the simplicity of the name, multiple organizations across the globe operate under or similar to the name “Caring Care.” For families searching for trustworthy information or services, this can cause significant confusion. This guide clarifies the ownership of several prominent companies that may be mistaken for one another, from a UK-based home care provider to a major online US referral service.

The Founders of Caring Care Ltd (UK)

The most direct answer for a specific company is Caring Care Ltd, a home care agency based in Walsall, West Midlands, UK. This company was founded in 2008 by Paramjit Bains. Paramjit, with a lifetime of experience in the care sector, established the company to provide dedicated home care services in her community. Alongside her mother, Manjinder Joshi serves as the Managing Director and Registered Manager, having been involved with the brand since its inception in 2008. A third family member, Mitesh Joshi, also joined the business as a director in 2018 to help manage its growing operations.

Key Milestones for Caring Care Ltd:

• 2008: Founded by Paramjit Bains in Walsall, UK.
• 2014: Paramjit Bains was recognized as Businesswoman of the Year at the Black Country Asian Business Awards.
• 2018: Mitesh Joshi joins the company as a director.

The Corporate Journey of Caring.com (US)

Another organization frequently mistaken for 'Caring Care' is the US-based online resource and referral service, Caring.com. Unlike the family-owned UK agency, Caring.com has a more complex corporate history involving multiple acquisitions.

A timeline of Caring.com's ownership:

1. 2007: Caring.com is founded by Andy Cohen, Steve Fram, and Jim Scott.
2. 2014: The financial information publisher, Bankrate Inc., acquires Caring.com for $54 million.
3. 2017: A major turning point occurs. Red Ventures acquires Bankrate, but due to an FTC complaint citing anti-competition concerns, Bankrate agrees to divest Caring.com. This was because two of Red Ventures' largest shareholders had joint ownership of A Place for Mom, a competitor in the senior care referral market.
4. 2018: A newly formed private equity group, Caring Holdings, LLC, acquires Caring.com.
5. Present: Caring.com continues to operate under the ownership of Caring Holdings, LLC, an entity formed by investors with experience in digital customer acquisition. For more details on the final acquisition, you can refer to an industry report: Caring.com Acquired Following FTC Agreement.

A Comparison of Different 'Caring' Entities

To help differentiate between the various companies, here is a comparative overview.

Feature	Caring Care Ltd (UK)	Caring.com (US)	Caring Healthcare (US - SC)
Primary Business	Local Home Care Agency	Online Senior Care Resource and Referral Service	Home Healthcare Services
Ownership	Founders Paramjit Bains, Manjinder Joshi, Mitesh Joshi	Caring Holdings, LLC	Founders Suzanne Zelling and Michelle Durden
Headquarters	Walsall, UK	Charlotte, North Carolina	Columbia, South Carolina
Business Structure	Family-run company	Private Equity Group	Locally-owned, independent company
History	Founded 2008; continuous family ownership	Founded 2007; multiple ownership changes via acquisition	Founded 1995; founder-owned

The Importance of Verifying Your Care Provider

This investigation into the ownership behind the name 'Caring Care' highlights a critical point for anyone searching for senior care: due diligence is essential. The care sector is vast, and many providers or resources may have similar, if not identical, names. Always confirm the specific entity you are considering, including its location and ownership history, before entrusting them with a family member's care. Checking for local licensing and consumer reviews is always recommended, especially when the name alone is insufficient to identify the company.

Conclusion: The Nuance in a Name

In summary, the question of who is the owner of Caring Care reveals a crucial distinction between different entities. For those in the UK, the company is Caring Care Ltd, a family-founded agency in Walsall. For those seeking a large online resource in the US, the query is likely referring to Caring.com, which is currently owned by Caring Holdings, LLC. This illustrates why investigating beyond a company's name is vital for navigating the complex and sometimes confusing senior care landscape. Understanding ownership can provide valuable insight into a company's stability, mission, and history.

Frequently Asked Questions

Is Caring Care affiliated with Caring.com?

No, Caring Care Ltd (UK) is not affiliated with Caring.com (US). They are two completely separate and unrelated companies operating in different countries and offering different services. Caring Care Ltd is a local home care agency, while Caring.com is a nationwide online referral service and resource site.

Who founded Caring.com in the United States?

Caring.com was founded in 2007 by Andy Cohen, Steve Fram, and Jim Scott. However, the company has since changed hands multiple times through corporate acquisitions.

What is Caring Holdings, LLC?

Caring Holdings, LLC is the private equity group that acquired Caring.com in 2018. The ownership change occurred after the Federal Trade Commission (FTC) mandated a divestiture by Bankrate, the previous owner.

Where is Caring Care Ltd located?

Caring Care Ltd is based in Walsall, in the West Midlands region of the United Kingdom. It is a local provider of home care services.

Why did Caring.com change owners so many times?

Caring.com changed owners due to corporate acquisitions and merger agreements. In 2017, the FTC required Bankrate to divest Caring.com as a condition of its merger with Red Ventures, which was deemed to create a monopoly.

How can I verify the ownership of a senior care company?

You can verify the ownership of a senior care company by checking business registries in their country (like Companies House in the UK or state-level records in the US). For referral services, look at their 'About Us' page and public records of acquisitions. Always cross-reference information and check for any legal or regulatory filings.

Is Caring Healthcare the same company as Caring Care or Caring.com?

No, Caring Healthcare, founded by Suzanne Zelling and Michelle Durden in South Carolina, is another separate entity. This further illustrates the prevalence of similar names and the need for specific verification.