Home Health & Hospice Earnings Roundup: Strong Results Defy M&A Slowdown
We’re taking a look at five major players in the Home Health & Hospice (HH&H) industry that reported earnings for the third quarter of 2025. HH&H activity tempered in the quarter to 23 deals after a stronger first half of the year, with 29 announced in Q1 and 27 announced in Q2. Despite the decline in overall M&A volume, with deals dropping nearly 15% quarter-over-quarter due to fewer non-medical home care transactions, strategic acquisitions persisted among larger players. Recent earnings reports from UnitedHealth Group, Humana, Addus HomeCare, Enhabit Home Health and Hospice and Pennant Group provide insights into how providers are offsetting reimbursement headwinds... Read More »
Care Advantage Enters South Carolina With Acquisition of Attentive Angels Home Care
Care Advantage, one of the largest privately owned home care companies in the Mid-Atlantic, announced on November 14 that it acquired Attentive Angels Home Care. Attentive Angels Home Care is a full-service, non-medical home care agency based in Columbia, South Carolina. The company offers in-home care services to seniors, individuals with cognitive disabilities and those recovering from surgery. It serves Richland, Lexington, Fairfield, Sumter, Kershaw, Clarendon and surrounding counties. Care Advantage has more than 40 locations throughout Virginia, Maryland, Delaware, Washington, D.C. and North Carolina. Core service areas include personal care (bathing, grooming, dressing,... Read More »
PE Firm Linden Capital Partners Buys Agape Care Group
Linden Capital Partners has acquired Spartanburg, South Carolina-headquartered Agape Care Group from Ridgemont Equity Partners for an undisclosed amount. As a regional leader in hospice and palliative care, Agape Care Group’s more than 2,100 employees provide hospice and palliative care to more than 5,700 patients daily across 10 states. Ridgemont Equity Partners previously acquired the company from the private equity firm The Vistria Group in 2019. Linden Capital Partners is a Chicago-based healthcare private equity firm exclusively focused on leveraged buyouts in the healthcare and life science industries. The Agape acquisition took place in July 2025 but was not publicly... Read More »
Caretech Expands Into Kansas With Acquisition of The Smith Agency
Caretech has announced its acquisition of Emporia, Kansas-based The Smith Agency for an undisclosed price. With this acquisition, Caretech expands its service footprint into Kansas, adding an Adult Day Center to its portfolio. Founded in 2000 by Georgeann Smith, The Smith Agency provides compassionate support for individuals and families navigating care needs for themselves or loved ones. What began as a one-woman mission with just two clients in a single county has grown to 45 employees, 85 clients and services spanning five counties. Caretech is an independent non-medical home care provider, with a legacy of supporting seniors and individuals with intellectual and developmental... Read More »
Avenues Home Care Enters Alabama with As Close As Family Acquisition
On October 2, Avenues Home Care announced its expansion into Alabama through the acquisition of As Close As Family (ACAF) in Rainsville, Alabama. ACAF operates multiple locations, providing compassionate home care throughout Alabama. The company has affiliations with the Home Care Association of America and the Alabama Elder Care Planning Council. Avenues Home Care provides personalized homecare services for adults, seniors and veterans. The company has 14 locations across Texas, Tennessee and Georgia. Avenues Home Care was acquired by Nashville, Tennessee-based private equity firm Capital Alignment Partners in March 2024. Local leadership and caregivers of ACAF will remain in place,... Read More »Schedule a demo
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