Overview

S&K is a minority-owned home healthcare company formed in 1996 that provides personal care services for the elderly and disabled, with operations in Maryland, New Jersey, Pennsylvania, Virginia and Washington, D.C. The Arctaris investment will allow S&K to expand its footprint in Pittsburgh’s Alleghany County and Altoona’s Blair County.

Impact Thesis

Arctaris shares S&K’s vision to uplift the most vulnerable residents in underserved communities and provide living-wage jobs. The company consistently recruits credentialed caregivers in urban centers to care for the elderly and physically disabled residents and offers a competitive compensation plan and opportunities for advancement to support its efforts to recruit and retain the best talent. This program has been very effective, with S&K employee retention rates at the top quartile of the industry benchmarks. Included in the investment terms with Arctaris, S&K pledges to create an additional 50 to 100 full-time positions in Pittsburgh.