NEW YORK--(BUSINESS WIRE)--Varsity Healthcare Partners (“VHP”), a leading lower middle-market private equity firm focused on healthcare services, announced today the completion of an investment in Ideal Option, a leading provider of Medication-Assisted Treatment (“MAT”) and behavioral counseling services for individuals suffering from Opioid Use Disorder (“OUD”). The partnership with VHP will provide strategic assistance and growth capital to facilitate Ideal Option’s mission of expanding affordable, effective and evidence-based treatment access to communities devastated by the national opioid epidemic.
HALIFAX, Nova Scotia, Oct. 01, 2018 (GLOBE NEWSWIRE) -- NOVA LEAP HEALTH CORP. (TSXV: NLH) ("Nova Leap" or “the Company”), a company focused on the home health care industry, has completed the acquisition of the business assets of Comprehensive Home Care (“the Vendor”) located in Deerfield, Massachusetts. The $1.6 million purchase price was paid with $0.61 million in cash, a $0.75 million demand loan from a Canadian Schedule 1 Bank and a $0.24 million promissory note issued to the Vendor. The execution of the definitive agreement and related information pertaining to this acquisition was previously announced on August 20, 2018. All amounts are in United States dollars (“USD”) unless otherwise specified.
Regent Healthcare — one of the largest, non-franchised home care agencies in central Maryland — has completed its acquisition of Loving Touch Home Care. Financial terms of the deal were not disclosed.
DELRAY BEACH, Fla., Sept. 20, 2018 /PRNewswire/ -- Sonas Home Health Care ("Sonas"), a portfolio company of Boyne Capital, has successfully completed its acquisition of Advanced Nursing Solutions ("ANS" or "Company"). ANS, a Tampa-based pediatric home-care provider, has served medically fragile children in the Tampa Bay area for over 20 years. During this time, ANS has developed long-standing relationships with families, caregivers, and healthcare professionals critical to the wellbeing of its patients. These relationships, coupled with a commitment to quality care, make ANS an invaluable addition to the Sonas family.
Corpus Christi, Texas-based National Nursing & Rehab Inc. has sold its adult home health business to Regency IHS Home Care Services. The deal was announced last week.
Denton, Texas-based Foundation Management Services (FMS) has joined AccentCare Inc. The companies announced the move at the end of August.
Help Unlimited is partnering with technology-driven home care company Honor to provide more reliable and transparent care for aging adults in a well-known California county.
AccentCare, Inc., a nationwide leader in post-acute healthcare, acquired Accolade HomeCare and Hospice, effective August 31, 2018, making its regional Texas Home Health operations the largest Texas-based post-acute care provider offering full-continuum home care in the state including home health, hospice, and personal care services.
Fulcrum Equity Partners Announces Formation of City Line Behavioral Healthcare and Acquisition of Life of Purpose Treatment Centers
PHILADELPHIA, Sept. 13, 2018 /PRNewswire/ -- Fulcrum Equity Partners announces the creation of City Line Behavioral Healthcare LLC, and the acquisition of Life of Purpose Treatment Centers.
Care Advantage Inc, a portfolio company of BelHealth Investment Partners LLC, has acquired Direct Home Health Care. Financial terms weren’t announced. Direct Home Health provides in-home personal care services primarily to Medicaid recipients from two locations in Virginia, Portsmouth and Newport News.