Following Record Q2 Results, Nova Leap Health Corp. Announces Execution of Definitive Agreement to Acquire Home Care Business in Massachusetts
HALIFAX, Nova Scotia, Sept. 25, 2019 (GLOBE NEWSWIRE) -- NOVA LEAP HEALTH CORP. (TSXV: NLH) ("Nova Leap" or “the Company”), a 2019 TSX Venture 50™ ranked company focused on the home health care industry, is pleased to announce that it has executed a definitive agreement (the “Agreement”), dated September 25, 2019, to acquire a home care services company (“the Target”) located in Massachusetts. The Target reported unaudited revenues of approximately $1,270,000, net income of approximately $63,300 and adjusted EBITDA of approximately $85,500 for the year ended December 31, 2018. All amounts are in United States Dollars (“USD”) unless otherwise specified.