Global private equity firm Advent International has entered a definitive agreement to acquire AccentCare from its current PE-backer, Oak Hill Partners. Financial terms were not disclosed. The acquisition is one of six home health PE deals announced so far this year, with fewer industry deals happening at a slower pace than in years past. In 2017, there were 28 PE deals in the space, followed by another 58 in 2018, according to the latest proprietary data from M&A advisory firm Mertz Taggart.
OAKLAND, Calif.--(BUSINESS WIRE)--Kadiant, a mission-driven organization that provides high-quality Applied Behavior Analysis (ABA) therapy and related services to individuals diagnosed with autism spectrum disorder (ASD), announced today it has partnered with Central Valley Autism Project (CVAP), a pioneer provider of ABA services in both center and home-based settings. Kadiant’s partnership with CVAP marks the company’s third, following its investment in Kids Overcoming (KOI) and pending investment in Integrated Behavioral Solutions (IBS). Terms of the partnerships are not being disclosed.
Jet Health, Inc. Acquires Boise, Idaho-Based First Choice Home Health and Hospice; Marks Company’s Entry into Hospice Arena
IRVINE, Calif.--(BUSINESS WIRE)--Jet Health, Inc., a leading regional provider of home health services, announced today the acquisition of First Choice Home Health and Hospice, a Boise, Idaho-based home health and hospice company. The acquisition marks Jet Health’s foray into the hospice arena.
AccentCare, Inc., a leading post-acute care company, based in Dallas, Texas has purchased three healthcare businesses on the east coast of Florida, expanding its national footprint as well as its service lines.
CHARLOTTE, N.C. & ATLANTA--(BUSINESS WIRE)--Perimeter Healthcare, a behavioral healthcare company backed by Ridgemont Equity Partners, today announced the acquisition of two 116-bed inpatient psychiatric hospitals located in the Dallas Fort-Worth metroplex. After having formerly operated in the market under a different name, the facilities will re-open in 2019 as Perimeter Behavioral Hospital of Arlington and Perimeter Behavioral Hospital of Dallas and continue to provide quality, personal inpatient care for children, adolescents, adults and seniors facing acute mental and behavioral health challenges.
NEW YORK, May 6, 2019 /PRNewswire/ -- Arsenal Capital Partners ("Arsenal"), a leading specialized private equity firm that invests in middle-market healthcare and specialty industrials companies, announced today the acquisition of Hopebridge, LLC ("Hopebridge"), a center-based provider of behavioral health services for children affected by autism spectrum disorder. The terms of the acquisition were not disclosed.
Arosa+LivHome announced Monday it has acquired Forever Young Home Care, a move that expands its North Carolina footprint and adds further scale to the up-and-coming in-home care provider’s operations. Financial terms of the deal were not disclosed.
MISSION VIEJO, Calif., May 02, 2019 (GLOBE NEWSWIRE) -- The Ensign Group, Inc. (NASDAQ: ENSG), the parent company of the Ensign™ group of skilled nursing, rehabilitative care services, home health care, hospice care, medical transportation, and assisted living companies, announced today that a subsidiary of Cornerstone Healthcare, Inc., Ensign’s home health and hospice portfolio subsidiary, had acquired the assets of Resolutions Hospice, which operates hospice agencies in Austin and Houston, Texas. The acquisition was effective May 1, 2019.
COLUMBUS, Ohio--(BUSINESS WIRE)--Pinnacle Treatment Centers (PTC), a leader in providing accessible treatment for substance use disorders, announced today it has acquired Addiction Medicine Care (AMC) of Columbus, an office-based opioid treatment program (OBOT) located at 6434 E. Main Street, Reynoldsburg, Ohio. AMC of Columbus is Pinnacle’s 18th OBOT in Ohio.
BayMark Health Services announced the acquisition of Recovery Services of New Mexico (RSONM) this week. RSONM has three traditional Opioid Treatment Programs (OTP), one physician’s office based treatment program providing buprenorphine treatment and a fifth location inside of Bernalillo County Metropolitan Detention Center providing opioid medication treatment services for incarcerated individuals. Providing medication-assisted treatment since 2003, Recovery Services of New Mexico has established themselves as a trusted provider of evidence-based treatment for opioid addiction throughout New Mexico. They will continue to operate under the Recovery Services of New Mexico brand and their dedicated clinical team will provide continuity of care to the patients they serve.