Deal of the Week: Aveanna Healthcare Holdings Buys Pediatric Home Care Provider

Deal of the Week: Aveanna Healthcare Holdings Buys Pediatric Home Care Provider

Aveanna Healthcare kicked off April with a new acquisition announcement. The Atlanta, Georgia-based company announced on April 3 that it entered into an agreement to acquire Thrive Skilled Pediatric Care (Thrive SPC) in Wakefield, Massachusetts. Thrive SPC provides clinical home care to medically fragile children. Thrive SPC operates 23 locations across Arizona, Georgia, Kansas, New Mexico, North Carolina, Virginia and Texas, primarily offering private duty nursing services along with pediatric therapy, licensed health aide services and certified nurse assistant services. Aveanna Healthcare, a portfolio company of Bain Capital and J.H. Whitney Capital Partners, is one of the largest... Read More »
Active Day Acquires Home Care Providers in South Carolina

Active Day Acquires Home Care Providers in South Carolina

Active Day announced that it has acquired two home care services providers in South Carolina. The company has acquired AllCaregivers, Inc. and New Generations Home Care of Florence, Inc. AllCaregivers has been providing home care throughout South Carolina since 1986. Its community-based caregivers specialize in providing families with many types of affordable assistance, including activities of daily living and skilled nursing. New Generations Home Care of Florence, Inc. is a home care provider in the Florence, South Carolina area. The company was founded in 2020. Active Day (fka Active Day/Senior Care Centers of America), a portfolio company of Audax Private Equity since 2015, provides... Read More »
Peak Rock Capital Buys BrightStar Care in Illinois

Peak Rock Capital Buys BrightStar Care in Illinois

An affiliate of Peak Rock Capital announced that it has completed the acquisition of Gurnee, Illinois-based BrightStar Care. The deal was completed in partnership with BrightStar Care’s founder, Shelly Sun Berkowitz. BrightStar Group Holdings, Inc., doing business as BrightStar Care, is a leading franchisor of home care services with more than 400 agencies nationwide. The company’s franchises provide both skilled and unskilled home care to clients and custom medical staffing solutions to corporate partners. The company was founded in 2002. Peak Rock Capital is a middle‐market private equity firm that makes equity and debt investments in companies in North America and Europe.... Read More »
Addus 2024 Earnings: Growth Stumbles Amid Debt and Integration Woes

Addus 2024 Earnings: Growth Stumbles Amid Debt and Integration Woes

On February 24, 2025, Addus HomeCare Corporation, a leading provider of home-based personal care, nursing and rehabilitative therapy services, released its financial results for the fourth quarter and full year (FY) ended December 31, 2024, after the market close. The results? Not terrible, but don’t break out the champagne either. Addus Q4 and FY 2024 Financial Snapshot:  Metric Q4 2024 Q4 2023 FY 2024 FY 2023 Revenue $297.1 million $276.4 million $1.15 billion $1.06 billion Net Income $19.5 million $19.6 million $73.6 million $62.5 million Net Income per Diluted... Read More »
Gracepoint Home Care Acquires Assets of Touching Hearts Senior Care 

Gracepoint Home Care Acquires Assets of Touching Hearts Senior Care 

Gracepoint Home Care announced on February 24 that it entered into an agreement to acquire all assets of Touching Hearts Senior Care.  Touching Hearts Senior Care is a home health and hospice company based in Minneapolis, Minnesota. Touching Hearts Senior Care, owned by Gina Germany since 2007, has a reputation for providing comprehensive care services tailored to the needs of seniors.  Gracepoint Home Care is an in-home care agency based out of Mobile, Alabama. It has additional locations in Foley, Alabama and Biloxi, Mississippi. In addition to providing home care for patients, Gracepoint also provides staffing for many of the area’s nursing homes and assisted living... Read More »
Fc Compassus LLC Leads Home Health Sector in Montana: An Analytical Overview

Fc Compassus LLC Leads Home Health Sector in Montana: An Analytical Overview

By LevinPro HC Fc Compassus LLC Leads Home Health Sector in Montana: An Analytical Overview Fc Compassus LLC shows a strong presence within the home health sector, particularly in Montana. According to the latest CMS data uploaded as of January 2025, Fc Compassus affiliates 125 facilities nationwide, with a notable concentration in hospice care, overseeing 97 hospice facilities. Ownership Breakdown The organization fully owns 91 facilities, while 32 are under its control with ownership stakes between 50% and 100%. According to CMS, this data suggests a robust operational grip over its affiliates. Facility Distribution by State and Sector Fc Compassus extends its reach across several... Read More »