LHC Group Acquires Three Rivers Home Health

LHC Group Acquires Heart 'n Home Hospice

May 25, 2021

Healthcare Services

LHC Group, Inc. agreed to purchase Heart 'n Home Hospice, headquartered in Fruitland, Idaho, expanding its hospice footprint in Idaho and marking its initial entry into hospice services in Oregon. The deal includes three hospice providers operating 10 locations (six in southwestern Idaho and four in central/eastern Oregon), is expected to close July 1, 2021, and is expected to generate approximately $20 million of annualized revenue.

LHC Group Acquires Summit Home Care

April 19, 2023

Healthcare Services

LHC Group, a national provider of in-home healthcare, acquired Delaware-based Summit Home Care from its ownership team (including co-owner Eric Reinhold). The small, multi-location home health agency provides skilled nursing and therapy services across Delaware and the deal expands LHC Group’s presence in the region; financial terms were not disclosed.

3 Rivers Capital Portfolio Company Amazing Care Acquires Lakeway Home Health

December 15, 2020

Healthcare Services

3 Rivers Capital’s portfolio company Amazing Care Home Health Services has acquired Lakeway Home Health, a Temple, Texas-based pediatric and skilled home health provider. The deal expands Amazing Care’s pediatric PDN footprint beyond the Denver/Aurora region into Central Texas; Arthur Lowry will lead the combined company.

LHC Group Acquires East Valley Hospice and East Valley Palliative Care (Mesa, AZ)

November 9, 2020

Healthcare Services

LHC Group, Inc. (NASDAQ: LHCG) agreed to purchase East Valley Hospice and East Valley Palliative Care in Mesa, Arizona, with the transaction expected to close January 1, 2021. The acquisition is expected to generate approximately $4.8 million of annualized revenue and expands LHC Group's in-home hospice and palliative capabilities in the Phoenix metro as part of its co-location growth strategy.

AmerCareRoyal Acquires Team Three Group

February 27, 2023

Packaging

AmerCareRoyal (backed by HCI Equity Partners) has acquired Team Three Group in its eighth add-on acquisition since HCI's initial investment. The deal expands AmerCareRoyal's product categories and geographic footprint—adding distribution capacity in the Midwest and California—and brings Team Three founder Bob Hubbard onto the ACR executive team.

CRH Medical Acquires Stakes in Two Georgia Anesthesia Practices

June 8, 2020

Healthcare Services

CRH Medical Corporation acquired a 75% interest in Lake Lanier Anesthesia Associates (Gainesville, GA) and established a de novo joint venture owning 51% of Oconee River Anesthesia Associates (Athens, GA). The transactions are accretive to EBITDA and expand CRH’s anesthesia footprint in Georgia, adding services to multiple ambulatory surgery centers.