Asenda Health Acquires Controlling Stake in Post Acute Healthcare

May 31, 2022

Asenda Health Inc., through its wholly owned subsidiary Kater Medical, acquired a controlling 61% interest in Washington-based Post Acute Healthcare with a commitment to acquire the remaining 39% over the next two years. Post Acute is an outsourced physician services business conducting roughly 3,000 monthly patient encounters across 18 long-term care and skilled nursing facilities in Washington and Oregon; Asenda paid 55% of the initial consideration in Asenda shares, aligned Post Acute's founders into senior roles, and expects the deal to accelerate entry into Florida and add material revenue and EBITDA.

Buyers
Asenda Health Inc., Kater Medical
Targets
Post Acute Healthcare
Sellers
Founders and principal owners of Post Acute Healthcare
Location
Washington, United States
Transaction Type
Buyout

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