National HealthCare Corporation Acquires Remaining Interest in Caris Healthcare
June 11, 2021
National HealthCare Corporation (NHC) purchased the outstanding interest in hospice and palliative care provider Caris Healthcare, L.P. from Norman C. McRae and McRae Investment Company, LLC on June 11, 2021, making Caris a wholly owned subsidiary. Caris operates 28 hospice locations serving over 1,200 patients per day across Georgia, Missouri, South Carolina, Tennessee and Virginia; the acquisition supports NHC's strategy to expand its continuum of senior care services.
- Buyers
- National HealthCare Corporation (NHC)
- Targets
- Caris Healthcare, L.P.
- Sellers
- Norman C. McRae, McRae Investment Company, LLC
- Industry
- Healthcare Services
- Location
- Tennessee, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
HCA Healthcare Acquires 80% Stake in Brookdale Health Care Services from Brookdale Senior Living
July 1, 2021
Healthcare Services
HCA Healthcare has completed the purchase of an 80% equity stake in Brookdale Health Care Services from Brookdale Senior Living for $400 million, creating a joint venture that adds approximately 80 sites of care and more than 4,000 colleagues to HCA. Brookdale retained a 20% interest; the transaction expands HCA's post-acute care capabilities (home health, hospice and therapy) to improve care coordination, quality and access.
-
Kain Capital / PERA Holdings Acquires Majority Stake in Hospice Care of America
November 18, 2022
Healthcare Services
Kain Capital established a hospice-focused holding company, PERA Holdings, and PERA completed the acquisition of a majority stake in Hospice Care of America (HCA), a regional hospice operator headquartered in Kansas City. The founders of HCA will remain in their roles and retain equity; PERA will use technology, capital and shared services to grow HCA and pursue additional regional hospice acquisitions.
-
Northrim Horizon Acquires Noble Hospice and Palliative Care
June 11, 2024
Healthcare Services
Northrim Horizon L.P., an Arizona-based permanent capital investment firm, has acquired Noble Hospice and Palliative Care, a Mesa, Arizona-based provider of hospice and palliative services. Noble is the firm's fourth acquisition as part of a broader home care and hospice platform to expand service coverage and staffing opportunities across Arizona.
-
Missouri Home Hospice Acquires HomeCare of Mid Missouri
April 1, 2020
Healthcare Services
Missouri Home Hospice, a Missouri-based operator of home health and hospice brands, has acquired HomeCare of Mid Missouri, a 47-year-old hospice and home health provider based in Moberly, Missouri. The acquisition expands Missouri Home Hospice's statewide network and local care coverage in the Columbia/Mid-Missouri region.
-
Carlyle Acquires Healthcare Technology Provider CNSI from Alvarez & Marsal Capital Partners
December 2, 2021
Healthcare Services
Affiliated funds managed by Carlyle have agreed to acquire CNSI from Alvarez & Marsal Capital Partners. CNSI is a provider of healthcare technology and services to state and federal clients (Medicaid/Medicare systems, claims processing, provider enrollment, analytics); Carlyle said it will partner with CNSI's management to expand and invest in the company's market-leading solutions.
-
Jet Health Acquires Carrington Hospice Care
September 14, 2020
Healthcare Services
Irvine-based home health provider Jet Health, Inc. acquired Arlington, Texas–based Carrington Hospice Care, Inc., expanding Jet Health's hospice footprint and enabling greater continuity of care for patients transitioning from home health to hospice. The transaction was financed by private equity investors SV Health Investors and Health Enterprise Partners; terms were not disclosed.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.