BrightSpring Health Services Acquires Abode Healthcare

BrightSpring Health Services Acquires Assets of Haven Hospice in North Central Florida

September 1, 2024

Healthcare Services

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.

BrightSpring Health Services Acquires Roanoke Home Care

September 3, 2024

Healthcare Services

BrightSpring Health Services has acquired the home health business of the Martin-Tyrrell-Washington District Health Department, known as Roanoke Home Care. The team will join BrightSpring’s Adoration Home Health business and continue operating across Roanoke’s existing footprint, the Outer Banks and surrounding areas in North Carolina as part of BrightSpring’s continued home health expansion in the state.

24 Hour Home Care Acquires Bright Moon Care Services

February 28, 2022

Healthcare Services

24 Hour Home Care, a non-medical in-home care provider based in El Segundo, California, has acquired Bright Moon Care Services, a Ventura County–rooted home care agency, effective February 28, 2022. The acquisition expands 24 Hour Home Care’s footprint in Ventura County and brings Bright Moon’s community relationships and caregiving staff into 24 Hour Home Care’s caregiver-centric operating model.

Choice Health at Home Acquires Texas Assets of Abiding Home Health

April 1, 2022

Healthcare Services

Choice Health at Home (Choice), a Texas-based provider of home health, hospice, private duty, and rehabilitation services, has acquired the Texas assets of Abiding Home Health, expanding Choice's presence along the I-35 corridor between Dallas and San Antonio. The deal strengthens Choice's home health service footprint in Central Texas and is an add-on to its PE-backed platform (partnered with Trive Capital and Coltala Holdings) to support further regional expansion.

Valeo Home Health & Hospice Acquires Hearts for Hospice & Home Health from Abode Healthcare

April 27, 2021

Healthcare Services

Valeo Home Health & Hospice, a portfolio company of Grant Avenue Capital, has acquired Hearts for Hospice & Home Health (a division of Abode Healthcare), expanding Valeo's home-based care footprint in Utah. The deal is part of Grant Avenue Capital's broader buy-and-build strategy to grow its Valeo platform through targeted add-on acquisitions and geographic expansion.

SageHome Acquires Colorado Living LLC

August 31, 2023

Construction

SageHome, a PE-backed aging-in-place home remodeling platform supported by Cairngorm Capital, has acquired Colorado Living LLC to expand its one-day bath remodeling services into the Mountain region. The deal extends SageHome's footprint to 21 states and bolsters capacity as the group pursues both organic growth and further strategic acquisitions.