August 2018

H.I.G. Growth Partners Completes Acquisition of Sage Hospice

2018-08-14T14:16:07+00:00 August 13th, 2018|

BOSTON--(BUSINESS WIRE)--H.I.G. Growth Partners ("H.I.G."), the dedicated growth capital investment affiliate of H.I.G. Capital, has announced that one of its affiliates has completed a strategic investment in Sage Hospice (“Sage” or the “Company”), a leading provider of hospice and palliative care services to patients in the Phoenix, AZ market. Sage will serve as the platform to build a leading regional provider of hospice and palliative care services. To execute on this strategy, H.I.G. is partnering with two experienced hospice industry executives, Glen Cavallo and Jeff Lang. Glen Cavallo, who will join Sage’s board of directors at closing, has over 25 years of experience in the hospice and home care sectors. Jeff Lang, who became Sage’s CEO at closing, has over 18 years of leadership experience at large hospice organizations.

OEP-backed Simplura acquires Helping Hand

2018-08-13T12:11:30+00:00 August 10th, 2018|

Simplura Health Group, a portfolio company of One Equity Partners, has acquired Philadelphia-based Helping Hand Home Health & Hospice Agency, a provider of non-medical home care services for seniors. No financial terms were disclosed.

July 2018

Fairhaven Treatment Center acquired by Refresh Mental Health

2018-07-24T15:24:55+00:00 July 18th, 2018|

Fairhaven Treatment Center in Memphis, Tenn., has been acquired by Refresh Mental Health. Fairhaven offers a full continuum of care for adult and adolescent women with eating disorders. Refresh's portfolio includes practices across the U.S., which provide services that include: individual, couples and group therapy; substance abuse and addiction services; psychiatry and medication management; eating disorder treatment; and outpatient, intensive outpatient, in-home and residential care.

Tennessee providers announce merger

2018-07-16T15:08:04+00:00 July 11th, 2018|

A Tennessee residential addiction treatment facility and an outpatient and extended-care provider in the state have joined forces in a merger, effective July 1. Taft-based Magnolia Ranch Recovery, which offers inpatient rehabilitation, announced the merger with Murfreesboro-based Tulip Hill Recovery, which provides intensive outpatient and aftercare services with case management.

Newport Academy Finalizes Acquisition Of NorthStar Academy Adolescent Treatment Center

2018-07-24T15:27:51+00:00 July 10th, 2018|

ROCKVILLE, Md., July 10, 2018 /PRNewswire/ -- Newport Academy, a series of leading adolescent treatment centers specializing in mental health, trauma, eating disorders and substance abuse, has expanded its reach with the addition of a new facility in the Washington DC Metropolitan Area. With the acquisition of NorthStar Academy, Jamison Monroe Jr., founder and CEO of Newport Academy, furthers the organization's mission to transform the teen mental health space, ensuring that teens and their families have the highest level of compassionate care available.

Aveanna Healthcare Completes Acquisition of Premier Healthcare Services, LLC

2018-07-12T12:19:52+00:00 July 9th, 2018|

ATLANTA and PASADENA, Calif., July 9, 2018 /PRNewswire/ -- Aveanna Healthcare ("Aveanna"), the preeminent and largest pediatric home health care company in the nation, today announced that it has successfully completed the acquisition of Premier Healthcare Services, LLC ("Premier"), a leading provider of pediatric services to patients in California, with additional operations in Colorado and Texas. Financial terms of the transaction were not disclosed.

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