October 2019

Nova Leap Health Corp. Completes Purchase of Oklahoma Home Care Business and Provides Corporate Update

2019-10-07T13:54:06-04:00October 7th, 2019|

HALIFAX, Nova Scotia, Oct. 07, 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 completed the acquisition of the business assets of Around The Clock Home Care, LLC (“Around The Clock”) located in Chickasha, Oklahoma. The execution of the definitive agreement and related information pertaining to this acquisition was previously announced on September 16, 2019. All amounts are in United States dollars (“USD”) unless otherwise specified.

Kadiant Partners with Capitol Autism Services

2019-10-09T10:20:55-04:00October 7th, 2019|

OAKLAND, Calif.--(BUSINESS WIRE)--Kadiant, a mission-driven organization that provides high-quality Applied Behavior Analysis (ABA) therapy and services to individuals diagnosed with autism spectrum disorder (ASD), announced today it has partnered with Capitol Autism Services (C.A.S), to extend its service breadth and capacity in the greater Sacramento, CA region. Kadiant’s partnership with C.A.S marks Kadiant’s seventh investment. Terms of the partnership are not being disclosed.

Addus HomeCare Completes Purchase Of Hospice Partners Of America

2019-10-03T08:41:34-04:00October 1st, 2019|

FRISCO, Texas, Oct. 1, 2019 /PRNewswire/ -- Addus HomeCare Corporation (NASDAQ: ADUS), a provider of comprehensive home care services, today announced that it has completed the purchase of Hospice Partners of America, LLC, a multi-state provider of hospice services headquartered in Birmingham, Alabama, for a cash purchase price of $130.0 million, representing $118.4 million of value, net of the present value of $11.6 million of estimated tax benefits. Hospice Partners of America currently serves an average daily census of approximately 1,000 patients through 21 locations across Idaho, Kansas, Missouri, Oregon, Texas and Virginia with annualized revenue of approximately $55.0 million. Addus funded the acquisition with proceeds from the Company's recent stock offering completed on September 9, 2019.

September 2019

Golden Gate Capital Acquires Invo Holdings

2019-09-30T10:14:03-04:00September 25th, 2019|

SAN FRANCISCO & JAMISON, Pa.--(BUSINESS WIRE)--Golden Gate Capital, a leading private equity investment firm, today announced that it has acquired Invo Holdings, LLC (“Invo” or “the Company”), a leading provider of autism and childhood behavioral health services. Invo will continue to be led by Chief Executive Officer Anthony Manley and its current management team. The Jordan Company, which invested in Invo in 2017, and Invo’s management will retain minority ownership stakes in the business. Financial terms of the transaction were not disclosed.

Following Record Q2 Results, Nova Leap Health Corp. Announces Execution of Definitive Agreement to Acquire Home Care Business in Massachusetts

2019-09-26T08:53:22-04:00September 25th, 2019|

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.

Pharos Capital’s Family Treatment Network Makes Strategic Investment in Alpine Academy and Interventions Unlimited

2019-09-24T13:46:23-04:00September 24th, 2019|

DALLAS and NASHVILLE, Tenn., Sept. 24, 2019 /PRNewswire/ -- Pharos Capital Group, LLC ("Pharos"), through its Family Treatment Network platform ("FTN"), has completed an investment in Alpine Academy and Interventions Unlimited, which together provide Applied Behavior Analysis (ABA)-based educational services and ABA therapy to children, the firm announced today. Terms of the transaction were not disclosed.

Community Psychiatry Management, LLC Acquires Calabasas Behavioral Health and Gelbart and Associates

2019-10-30T08:34:15-04:00September 24th, 2019|

SACRAMENTO, Calif., Sept. 24, 2019 /PRNewswire/ -- Community Psychiatry Management, LLC, the largest outpatient mental health organization in California with more than 40 offices, acquired Calabasas Behavioral Health (CBH) on Aug. 16, 2019, and Gelbart and Associates on Aug. 31, 2019. CBH is a psychiatric group providing psychiatry and Transcranial Magnetic Stimulation (TMS) services in the San Fernando Valley and Ventura County near Los Angeles. Gelbart and Associates provides a variety of outpatient psychiatry and psychotherapy services in the South Bay region of Los Angeles. With these acquisitions, Community Psychiatry adds six new California outpatient offices in Calabasas, Thousand Oaks, Simi Valley, Torrance, Redondo Beach and Palos Verdes and welcomes eight psychiatrists, 18 therapists, and six psychologists to its team of over 100 providers.

The Stepping Stones Group Acquires New England ABA, Inc.

2019-09-24T14:05:13-04:00September 23rd, 2019|

BOSTON, Sept. 23, 2019 /PRNewswire/ -- The Stepping Stones Group (Stepping Stones), a leading national provider of therapeutic and behavioral health services to children with special needs and autism, today announced the acquisition of New England ABA, Inc., a Massachusetts based provider of in-home and community-based Applied Behavioral Analysis (ABA) therapy.

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