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New Deal


Announced

Completed

Dorilton-backed Traditions Health completed the acquisition of Homestead Hospice.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Acquisition

hospice services

Single Bidder

Private Equity

Domestic

healthcare sector

Majority

Friendly

Health Care Services

United States

Completed

Synopsis

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Dorilton-backed Traditions Health, a provider of home health care and nursing services, completed the acquisition of Homestead Hospice, a multi-state provider of hospice services. Financial terms were not disclosed. "We are proud to combine our company's reach and experience with Traditions and to help them expand their presence in key markets. This combination enables our company to grow and expand our excellent end-of-life care throughout the nation while ensuring continuous and consistent delivery of the best quality of care for our patients. We have chosen to combine with Traditions because we are like minded and believe in constant improvement of quality of care to achieve the best patient outcome. We look forward to working alongside the Traditions team," Mallie Abdsharafat, Homestead Hospice CEO and Founder.

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