Episode
Pulling Back the Curtain on Clear Path Home Care's Strategic Exit — JM Simmonds, Michelle Simmonds & Alex Veach
- Podcast
- Home Care Hindsight
- Published
- Jun 9, 2026
- Duration seconds
- 3531
- Processing state
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Summary
JM and Michelle Simmonds join David Knack alongside Alex Veach of Agenda Health for a behind-the-scenes look at the journey from startup founders to successful sellers—and what came next after the deal closed. What began as a small home care agency eventually grew into Clear Path Home Care, a multi-location operation serving rural communities across Texas and Colorado. Rather than chasing large metropolitan markets, the Simmonds built their reputation by going where others wouldn't—bringing care to underserved communities, creating jobs in rural areas, and becoming a trusted provider for veterans through their VA partnerships. The conversation explores the realities of building a home care business without a roadmap, the challenges of scaling across multiple markets, and the operational decisions that ultimately made Clear Path an attractive acquisition target. JM and Michelle share how they transitioned from owner-operators into executive leaders, why they initially had no plans to sell, and how a routine valuation unexpectedly opened the door to a life-changing opportunity. Alex Veach provides the advisor's perspective on what buyers are looking for in today's market, why some agencies command premium valuations, and the common mistakes owners make when preparing for an eventual exit. Together, they unpack the importance of leadership development, operational independence, payer diversification, and long-term strategic thinking. Whether you're just starting your agency or already thinking about succession planning, this episode offers practical lessons on building a business that creates impact, generates value, and provides options for the future. Lesson Takeaways: 1. Build a Business Worth Owning Before Building One Worth Selling: Strong operations and culture crea…