The franchise company Best Life Brands – which is the owner of ComForCare and Boost Home Healthcare – has added another home-focused company to its portfolio.. Announced Monday, the Troy, Michigan-based company has acquired Next Day Access, which is a provider of residential and commercial home access solutions in the U.S. and Canada. Now, Best […]
Category: M&A
Three years after being acquired by Advocate Aurora Health, Senior Helpers has a new home. The personal care company has been sold to Waud Capital, a Chicago-based middle-market private equity firm. Senior Helpers declined to disclose the transaction purchasing price. The wheels for the acquisition began turning following Advocate Aurora’s merger with Atrium Health in […]
Most buyers in home health and personal care are signaling they’ll be more active in the M&A market this year. That’s according to a new Mertz Taggart report, which included responses from over 50 potential home-based care buyers. Nearly 80% said they planned to be more acquisitive in 2024 compared to 2023. But some of […]
The private equity firm Waud Capital has acquired the home care franchise Senior Helpers. Advocate Aurora Health acquired Senior Helpers in 2021, with the idea that the health system would “own the full continuum.” A year and a half later, however, Advocate Aurora merged with Atrium Health, forming one of the largest health systems in […]
UnitedHealth Group’s (NYSE:UNH) planned acquisition of Amedisys Inc. (Nasdaq:AMED) is catching further scrutiny. Late Wednesday, a report suggesting that the Department of Justice is considering a lawsuit to block Optum’s takeover of Amedisys surfaced. The deal was first agreed to in June of last year. The news comes just a few weeks after the DOJ […]
A significant majority of buyers are planning to be more acquisitive in the home-based care space compared to 2023. However, the success in that endeavor hinges on three key factors: quality deal flow, capital markets and regulatory developments. That’s according to a new survey conducted by M&A advisory firm Mertz Taggart, which interviewed 51 of […]
After the ink dries following a transaction in the home-based care space, the question of whether to rebrand newly acquired locations sparks an interesting consideration. While some companies swiftly integrate acquired businesses into their brand and splash their logo, marketing materials and likeness on the newly acquired assets, others opt to maintain the selling company’s […]
Nova Leap Health Corporation is actively pursuing M&A opportunities. That’s one of the main takeaways of a public letter that the company’s CEO and president, Chris Dobbin, recently penned to shareholders. Nova Leap is a Canada-based home care organization that has been growing in the U.S. The company has operations in Nova Scotia and 11 […]
The Medicare Advantage-focused home health provider Frontpoint Health has acquired High Plains Senior Care Group (HPSC), expanding its footprint considerably on the way. The company has bolstered its census by close to 50%, from 2,900 daily patients to more than 4,200, Frontpoint Health CEO Brent Korte told Home Health Care News. Financial terms of the […]
Since the news surfaced Tuesday that the Department of Justice had opened an antitrust investigation into UnitedHealth Group (NYSE: UNH), additional questions have bubbled up. Namely, those questions surround the home health provider Amedisys Inc. (Nasdaq: AMED), which agreed to be acquired by UnitedHealth Group’s Optum in June of last year. Will that deal be […]