The Pennant Group Acquires Assets of Signature Healthcare at Home
July 11, 2024
The Pennant Group, Inc. agreed to purchase the assets of certain affiliates of Signature Healthcare at Home for a combined purchase price of $80.0 million, adding Signature's home health and hospice locations across Oregon, Washington and Idaho to Pennant's Pacific Northwest footprint. The transaction closed in two phases (Washington and Idaho assets closed Aug. 1, 2024; Oregon assets closed later), transferring an organization of over 650 staff and approximately $78 million in annual revenue into Pennant's network.
- Buyers
- The Pennant Group, Inc.
- Targets
- Signature Healthcare at Home
- Sellers
- Certain affiliates of Signature Healthcare at Home
- Industry
- Healthcare Services
- Location
- United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Pennant Group Acquires Ardent Hospice and Palliative Care
August 16, 2022
Healthcare Services
The Pennant Group, Inc. (through its hospice/home-health subsidiary Cornerstone Healthcare, Inc.) acquired the assets of Ardent Hospice and Palliative Care, expanding its hospice and home health footprint in California across the Central Valley, Palm Springs and San Diego. The acquired agencies had a collective hospice average daily census of approximately 90 patients prior to the transaction and will be integrated into Pennant’s existing home health and hospice operations.
-
The Pennant Group Acquires Bluebird Home Health, Bluebird Hospice and Bluebird Home Care
June 16, 2023
Healthcare Services
The Pennant Group, Inc. (NASDAQ: PNTG) has acquired Bluebird Home Health, Bluebird Hospice and Bluebird Home Care, a provider of skilled home health, private duty and hospice services across Southwestern Idaho. The businesses were previously owned by Cascadia Healthcare; the acquisition expands Pennant's continuum of home-based care in the Treasure Valley and broader Idaho market.
-
The Pennant Group Acquires First Call Hospice
June 16, 2021
Healthcare Services
The Pennant Group, Inc. acquired the assets of First Call Hospice, a hospice services provider serving the Sacramento region, effective June 16, 2021. The acquisition expands Pennant's presence in Northern California and adds another hospice/home health agency to its portfolio of operating subsidiaries.
-
The Pennant Group Acquires CMS Home Health Care (Texas)
September 16, 2020
Healthcare Services
The Pennant Group, Inc. acquired the assets of CMS Home Health Care, which operates locations in Brownwood and Coleman, Texas, effective September 16, 2020. The acquisition expands Pennant's Texas home health and hospice footprint and will be integrated into its Cornerstone Healthcare home health and hospice portfolio.
-
The Pennant Group Acquires Guardian Hospice and Guardian Hospice of Oklahoma
November 1, 2023
Healthcare Services
The Pennant Group, Inc. (NASDAQ: PNTG) has acquired Guardian Hospice and Guardian Hospice of Oklahoma to expand its hospice presence across northern Texas and southern Oklahoma. The acquisition adds hospice operations serving multiple counties in both states and supports Pennant's strategy to grow its home health, hospice and senior living platform and address unmet needs in rural communities.
-
The Pennant Group Acquires Southwestern Palliative Care and Hospice
December 1, 2023
Healthcare Services
The Pennant Group, Inc. (NASDAQ: PNTG) has acquired Southwestern Palliative Care and Hospice, a provider of skilled hospice services based in Yuma, Arizona. The acquisition expands Pennant's hospice footprint in southern Arizona and strengthens its ability to deliver end-of-life care to residents of Yuma and surrounding communities.
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.