Grant Avenue Capital Acquires Valeo Home Health and Hospice

Valeo Home Health & Hospice Acquires Hearts for Hospice & Home Health from Abode Healthcare

April 27, 2021

Healthcare Services

Valeo Home Health & Hospice, a portfolio company of Grant Avenue Capital, has acquired Hearts for Hospice & Home Health (a division of Abode Healthcare), expanding Valeo's home-based care footprint in Utah. The deal is part of Grant Avenue Capital's broader buy-and-build strategy to grow its Valeo platform through targeted add-on acquisitions and geographic expansion.

Grant Avenue Capital Acquires Performance Home Medical

March 15, 2024

Healthcare Services

Grant Avenue Capital, a healthcare-focused private equity firm, has acquired Performance Home Medical (PHM), a regional provider of home respiratory and sleep therapy services headquartered in Kent, Washington. PHM operates 24 locations across Washington, Oregon and Idaho and plans to use the investment to expand geographically and grow both organically and via selective acquisitions; industry veteran Larry Mastrovich has joined PHM's board as chairman.

Bain Capital Acquires Valeo Foods from CapVest

May 10, 2021

Food & Beverage

Bain Capital Private Equity has agreed to acquire Valeo Foods Group from funds managed by CapVest. Valeo is a pan‑European ambient food company headquartered in Dublin with a portfolio including Jacobs, Kettle and Rowse, generating roughly €1.1 billion in annual net sales and employing over 4,000 people; Bain said it will seek to accelerate growth organically and via acquisitions. The transaction is subject to regulatory approvals and the financial terms were not disclosed.

Grant Avenue Capital Acquires QHR Health from Quorum Health Corporation

June 1, 2021

Healthcare Services

Grant Avenue Capital, with co-investors Nashville Capital Network and Brentwood Capital Partners, acquired a majority interest in QHR Health from Quorum Health Corporation. QHR Health — a shared-services provider for independent, critical access and rural hospitals — will operate as an independent, growth-oriented platform focused on technology-enabled shared services, revenue cycle management, supply chain optimization and outsourced IT, with Grant Avenue planning organic investment and add-on acquisitions to expand capabilities.

Charter Health Care Group (Pharos Capital) Acquires Phoenix Home Care & Hospice and Heartwood Home Health & Hospice

October 13, 2020

Healthcare Services

Pharos Capital-backed Charter Health Care Group acquired two hospice/home-health providers: Vitality Home Healthcare (dba Phoenix Home Care & Hospice) in Denver, Colorado and Heartwood Home Health & Hospice in the Salt Lake City, Utah area. The deals are add-on acquisitions for Charter's post-acute care platform as it expands its hospice and home-health footprint across the Mountain West.

Grant Avenue Capital Acquires PatientCare EMS Solutions

January 7, 2026

Healthcare Services

Grant Avenue Capital, a healthcare-focused middle-market private equity firm, has acquired PatientCare EMS Solutions, a provider of ground-based medical transportation and EMS education. Grant Avenue plans to invest in PatientCare's infrastructure to accelerate organic growth, pursue add-on acquisitions, and expand the company's geographic footprint and partnerships with municipalities, hospitals, and health systems.