BrightSpring Health Services Acquires Assets of Haven Hospice in North Central Florida
September 1, 2024
BrightSpring Health Services (NASDAQ: BTSG) completed the acquisition of the assets of North Central Florida Hospice, Inc. and Haven Medical Group, LLC (collectively "Haven Hospice") effective September 1, 2024, expanding BrightSpring's hospice and palliative services into Florida. Total consideration was $60 million (including $15M cash, $30M in company equity and a $15M seller note), and the acquisition adds a Certificate of Need (CON) footprint covering 18 counties in north central Florida.
- Buyers
- BrightSpring Health Services
- Targets
- North Central Florida Hospice, Inc., Haven Medical Group, LLC
- Sellers
- North Central Florida Hospice, Inc., Haven Medical Group, LLC
- Industry
- Healthcare Services
- Location
- Florida, United States
- Transaction Type
- Buyout
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