Agenda Health Advises Angel Senior Home Care on Sale – A Look Behind the Deal
Agenda Health, a healthcare-focused M&A advisory firm based in Austin, Texas, played a key role in the recent acquisition of Angel Senior Home Care, a Virginia-based home health provider, by an undisclosed buyer. The deal marks a strategic move for the buyer, enabling it to expand its footprint into Virginia, a new state for its operations. Agenda Health’s involvement began by initiating contact with Angel Senior Home Care. Ryan Lafferty, an M&A advisor at Agenda Health, shared insights into the deal process. “I connected with the sellers last summer and went through a process of helping them figure out their value and connect with buyers. It took about a year to... Read More »
Pennant Group Expands With Signature Healthcare Assets
The Pennant Group Inc. announced on July 11 that it has agreed to acquire Signature Healthcare at Home’s hospice and home health assets for a combined purchase price of $80 million. Signature Healthcare at Home is a provider of home health and hospice services in the Pacific Northwest, with multiple locations throughout Oregon, Washington and Idaho. Signature employs a team of more than 650 home health and hospice staff. It has an annual revenue of approximately $78 million, home health admissions of more than 12,000 and an average daily hospice census of more than 300, each over the trailing twelve months. The Pennant Group, Inc. is a holding company of independent operating subsidiaries... Read More »
Interview with Andre Ulloa at M&A Healthcare Advisors
We are always interested in hearing the opinion of advisors and other industry experts regarding the Home Health & Hospice (HH&H) market. So, we put out a pulse survey to gain a deeper understanding of the current trends and future outlook. From this survey, we spoke with Andre Ulloa, Partner and Executive Advisor at M&A Healthcare Advisors, to get his perspective on the market. Q: On a scale of 1-5, how optimistic are you about the future of the HH&H M&A market within the next year or two? A: “It’s been very difficult to predict markets in the last five years. Initially, volatility due to regulatory changes led to massive consolidations pre-COVID. The... Read More »
Elara Caring Grows Midwest Footprint With Caregivers Home Health Deal
Dallas, Texas-based Elara Caring announced that it has acquired Caregivers Home Health in a transaction that allows Elara Caring to enter the Iowa market and expand its footprint in Kansas. Founded in 2004, Caregivers Home Health is a privately-owned home health agency that operates in Kansas and Iowa. The company has locations in Topeka and Garden City, Kansas and Chariton and Centerville, Iowa. Elara Caring is one of the nation’s leading providers of home-based care, offering skilled home health, hospice, personal care services, behavioral health and palliative care. With a footprint in 17 states in the Northeast, Midwest and Southwest, it serves more than 60,000 patients and their... Read More »
Home Oxygen Company Acquires Community Hospice & Health Services’ DME Division
Home Oxygen Company announced that it has completed an asset purchase of the durable medical equipment (DME) division of Community Hospice & Health Services, a nonprofit, community-based hospice and support services agency based in Modesto, California. The transaction, announced on June 25, closed June 15, 2024. Home Oxygen Company is a DME provider based in Modesto, California. The company provides cutting-edge home medical equipment and supplies for use in the home. Home Oxygen Company has also moved its warehouse to a larger 10,000-square-foot distribution center to accommodate its expanded business. The new center will serve the Sacramento and San Francisco areas. Financial terms... Read More »Schedule a demo
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