Industry News • October 22, 2018
HALIFAX, Oct. 22, 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 Living at Home SeniorCare (“the Vendor”) located in Amherst, New Hampshire. The execution of the definitive agreement and related information pertaining to this acquisition was previously announced on August 13, 2018. All amounts are in United States dollars (“USD”) unless otherwise specified.
Nova Leap incorporated a subsidiary, Armistead NH II, Inc., which has acquired the business assets of the Vendor, including customer contracts and intellectual property. The acquired business will begin to operate under one of Nova Leap’s existing brands, Armistead Senior Care, which has operations in Vermont and New Hampshire. The acquisition represents Nova Leap’s eighth investment in New England and third in New Hampshire. Nova Leap now has approximately 600 employees in Vermont, New Hampshire, Rhode Island, Massachusetts and Nova Scotia.
“We are excited to invite the former staff and clients of Living at Home SeniorCare into the Armistead Senior Care family,” said Chris Dobbin, President & CEO of Nova Leap. “We remain committed to expanding our home care services throughout New England as a preferred provider and valued partner.”
This article originally appeared in an article on GlobeNewswire.