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HIG Growth Partners finalizes sale of Just Home Healthcare Services
H.I.G. Growth Partners — a growth capital investment affiliate of investment firm H.I.G. Capital — has sold portfolio company Just Home Healthcare Services.
In April, H.I.G. Growth Partners sold Just Home Healthcare Services’s personal home care and adult day health business segments to Honor Health Network. Terms of the transaction were not disclosed.
In a separate transaction, H.I.G. Growth Partners sold Just Home Healthcare Services’s group home and independent living program business segments to RHA Health Services. That took place in October.
“H.I.G. was an exceptional partner that helped us strategically expand new service lines and improve operational performance,” Zhanna Basina, founder and CEO of Just Home Healthcare Services, said in a statement. “Their team demonstrated a deep understanding of the home and community-based services industry, helped us navigate challenges during the COVID-19 pandemic, and made sure that our clients received consistent, high-quality care.”
Fair Lawn, New Jersey-based Just Home Healthcare Services is a provider of medically focused adult day health and in‐home personal care services.
The Pennant Group acquires Southwestern Palliative Care and Hospice
The Pennant Group Inc. (Nasdaq: PNTG) has purchased Southwestern Palliative Care and Hospice.
“We are pleased to continue our growth in the state of Arizona, and complement our agencies in Southern Arizona,” Brent Guerisoli, CEO of Pennant, said in a news release. “This acquisition further solidifies our commitment to these communities, and expands our ability to provide life-changing hospice services to residents of Yuma and its surrounding communities.”
Eagle, Idaho-based Pennant is a holding company of independent operating subsidiaries located across the U.S., with a network that includes 99 home health and hospice agencies and 51 senior living communities.
On its end, Yuma, Arizona-based Southwestern Palliative Care and Hospice delivers home-based end-of-life and serious illness care, as well as bereavement services and veteran programs.
“Southwestern has a deep connection to the community it serves, and its staff have touched countless lives since its inception,” John Gochnour, president and COO of Pennant, said in the release. “We are honored to partner with the wonderful Southwestern team of skilled clinicians and compassionate caregivers in delivering life-changing hospice services to the residents of this community.”
Lutheran Senior Services signs agreement to buy St. Louis Home Health
Lutheran Senior Services has signed a definitive agreement to acquire St. Louis Home Health. The transaction is slated to close at the end of December.
“This is an exciting development for older adult patients and families because it expands LSS’ best-in-class home health services, adds specialty orthopedic expertise, and expands access to high quality care to more patients with an extended footprint in Illinois,” Adam Marles, president and CEO of Lutheran Senior Services, said in a statement. “We’re proud to welcome St. Louis Home Health to the [Lutheran Senior Services] family and will continue to serve their current orthopedic patients regardless of their age.”
Lutheran Senior Services delivers a number of services including home health, private duty home care, hospice and palliative services, as well as aging answers support navigation and care management.
St. Louis Home Health is a home health agency that serves 3,500 patients annually in Missouri and Illinois.
“For over 25 years St Louis Home Health has strived to provide the highest quality home care services to orthopedic patients and it is gratifying to know that level of quality and compassionate care will continue from [Lutheran Senior Services], a faith-based nonprofit,” Bill Hopfinger, owner and CEO of St. Louis Home Health, said in the statement.
Choice Health at Home purchases Lumicare Hospice
Texas-based Choice Health at Home has signed a deal to acquire Lumicare Hospice.
“Lumicare Hospice aligns perfectly with our mission to improve the lives of individuals and families facing serious illness,” Trina Lanier, chief growth officer of Choice Health at Home, said in a statement. “We are thrilled to be providing services in Colorado and excited to expand on our current footprint in Texas and Arizona.”
The Tyler, Texas-based Choice Health at Home is a home health, hospice, rehabilitation, and home care services provider. It operates locations across Texas, Louisiana and Oklahoma.
When the acquisition is finalized, Kevin Peay, a founder of Lumicare Hospice, will serve as president of operations of its Colorado location.
“At Choice the mission is to enhance the life of every person we serve through the pursuit of excellent care,” Peay said in the statement. “This aligns so well with the services and mindset of Lumicare. I am looking forward to continued growth and expansion throughout the Choice footprint with this goal in mind.”
Evive Brands acquires The Brothers that just do Gutters
Evive Brands announced that it is acquiring The Brothers that just do Gutters, a gutter installation and maintenance company.
Evive Brands is a multi-branded service organization that brings together franchise systems, including Executive Home Care and Assisted Living Locators, under one umbrella.
This deal further expands Evive Brands portfolio, which represents more than 200 franchise locations across the U.S.
“The integration of The Brothers that just do Gutters into our family of brands represents a significant step in our strategy to offer comprehensive services for home and personal well-being,” Jason Weidder, chief growth officer at Evive Brands, said in a press release. “This acquisition not only extends our reach into the home maintenance sector but also aligns with our mission to support and enhance the lives of our clients.”
Upon completion of the acquisition, Ryan Parsons, CEO of The Brothers that just do Gutters, will step into the role of CEO at Evive Brands.
“We are excited to become part of Evive Brands and to contribute to its vision of enhancing the quality of life for clients,” Parsons said in a statement. “Joining Evive provides us with new opportunities to expand and evolve, enabling us to reach and serve more homeowners.”
Companies featured in this article:
Choice Health at Home, Evive Brands, HIG Growth Partners, Just Home Healthcare Services, Lutheran Senior Services, The Pennant Group
