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
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