IRVING, Texas—National HME, a provider of durable medical equipment (DME) solutions and services to hospice and alternate sites of care, announced that it has acquired Hospice Source, a provider of medical equipment to hospice patients and facilities. This acquisition expands National HME’s footprint, with added capacity to offer services and solutions to hospices and their patients across the United States.
DENVER—InnovAge Holding Corp. (InnovAge) (Nasdaq: INNV), a provider of health care programs to predominantly dual-eligible seniors through the Program of All-inclusive Care for the Elderly (PACE), completed its acquisition of two PACE programs in California from ConcertoCare.
LARKSPUR, SAN MATEO & DUBLIN, California—By the Bay Health, Mission Hospice & Home Care and Hope Hospice announced they will merge to become the largest independent nonprofit hospice network in northern California, uniquely positioned to provide compassionate care and impactful community services to more patients and families throughout the region.
NEW YORK—Sentinel Capital Partners, a private equity firm that invests in midmarket companies, announced a minority structured equity and junior debt investment in the Worldwide Home Care division of Sodexo (the "Company"), which provides in–home care in the United States, United Kingdom, Ireland, France, Denmark, Norway, Sweden and Brazil. The investment supported the acquisition of the Company led by private equity firm The Halifax Group.
FORT WORTH, Texas—Apple Homecare Medical Supply, Inc., a Texas pediatric respiratory and enteral supply provider, was recently acquired by Minnesota-based Pediatric Home Respiratory Services, LLC (PHS), a multi-state provider of pediatric respiratory equipment, enteral nutrition, infusion nursing and pharmacy, homecare/private duty nursing and more.
ATLANTA—Gentiva, a dedicated hospice, palliative and personal care company, announced it has received all required state and federal regulatory approvals and completed its previously announced acquisition of ProMedica's home health, palliative and hospice business.
OVERLAND PARK, Kansas—WellSky, a health and community care technology company, announced it has acquired Corridor, an end-to-end tech-enabled services platform designed for the post-acute care industry’s challenges, from HealthEdge Investment Partners, a health care-focused private equity firm.
FORT WORTH, Texas—VERTESS, a health care mergers and acquisitions (M&A) advisory firm, announced the closing of five major health care transactions in Quarter 3 (Q3) 2023 with a combined total transaction value of $75 million. The five transactions were in various health care verticals. The headwinds faced earlier in the year due to global and domestic economic pressures are clearing and signs for a profitable Q4 and 2024 are strong, VERTESS said.
DALLAS—Havencrest Capital Management (Havencrest), a Dallas-based health care private equity firm, announced the third acquisition under its Avid Health at Home (Avid) platform: Independence 4 Seniors (I4S), a Chicago-area homecare provider.
DALLAS—Havencrest Capital Management (Havencrest), a Dallas-based health care private equity firm, announced the second acquisition under its Avid Health at Home (Avid) platform: Well Care Home Care (WCHC), the home care division of North Carolina-based Well Care Health.
RICHMOND, Virginia—Home Care Delivered, Inc. (HCD), a leader in providing medical supplies including continuous glucose monitoring devices, incontinence, wound, urological and ostomy products, announced the successful acquisition of Medline Industries, LP’s durable medical equipment, prosthetics, orthotics and supplies (DMEPOS) supplier business unit.
ATLANTA—SageHome, a provider of aging-in-place bath remodeling services in the United States, announced its acquisition of Safe Showers LLC. This acquisition extends SageHome’s operations into Texas and across the South and reflects a step change in the company’s acquisition activity.
NEW YORK—Firmament, a provider of structured equity and debt capital solutions to small- and medium-sized enterprises, announced an investment in Prime Providers ("Prime" or the "Company"), to support the Company's acquisition of Right Choice In-Home Care ("Right Choice"). Prime is a home-based health care organization providing private-duty nursing, applied behavior analysis (ABA) therapy and related services to patients across California.
WASHINGTON—The Halifax Group (Halifax), a middle market private equity firm that partners with management to invest in market-leading companies, announced that it has agreed to acquire the Worldwide Home Care division of Sodexo, (company), including its home care subsidiaries in the U.S., U.K., Ireland, France, Denmark, Norway, Sweden and Brazil.
DALLAS—Elara Caring, a full-scale, multi-state home health provider of clinical and personalized services, has acquired American Family Home Health, a 35-person, privately owned skilled home health care provider in Huntley, Illinois, within Winnebago County.
MALSCH, Germany—Sunrise Medical, a provider of advanced assistive mobility solutions, announced its strategic acquisition of Ride Designs, a provider of custom seating systems for wheelchair riders. This acquisition marks an expansion of Sunrise Medical's custom seating offerings, clinical expertise and service capabilities.
FREEHOLD, New Jersey—Avalon GloboCare Corp.
NASHVILLE, Tennessee—Permobil announced the successful acquisition of PDG Mobility, based in Vancouver, British Columbia. The acquisition adds expertise and a range of tilt-in-space products to Permobil’s portfolio of complex rehabilitation solutions. Permobil said PDG is known for products with high durability, unique and improved functionality and attractive design, as well as customer support.
CINCINNATI—Quipt Home Medical Corp., a U.S.-based home medical equipment provider focused on end-to-end respiratory care, announced it acquired a business with operations in Mississippi, Texas and Louisiana reporting unaudited annual revenues of approximately $9 million with anticipated adjusted earnings before income, taxes and depreciation (EBITDA) of $2 million post-integration. Quiet did not announce the name of the company it is acquiring.
Amedisys (NASDAQ: AMED) stockholders voted in favor of the pending acquisition from UnitedHealth Group (NYSE: UNH) on Friday, Sept. 8.
LOS ANGELES—M&A Healthcare Advisors (MAHA) announced the sale of Advent Home Health, an award-winning home health provider located in Las Vegas, Nevada. Since 2008, Advent has been owned and operated by Salvador Agonias and his family.
LONDON—CareLineLive, an all-in-one homecare management software company, announced its acquisition of the business behind CareFor IT and Ulysses (UDMS).
