Silver Oak Services Partners has announced it will acquire Caring People.

Silver Oak, based in Evanston, Ill., is a lower middle-market private equity firm. It typically invests in healthcare, business and consumer services companies with EBITDA of $3 million to $20 million.

Caring People, based in New York, is a home care agency which offers companion care, live-in care and skilled nursing services to seniors.

Financial terms were not disclosed.