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Announced

Completed

Aveanna Healthcare completed the acquisition of Comfort Care for $345m.

Financials

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Transaction Value£276m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Domestic

United States

Single Bidder

Health Care Facilities

Acquisition

Friendly

Private

Completed

Majority

healthcare services

Synopsis

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Aveanna Healthcare, a diversified home care platform, completed the acquisition of Comfort Care, a provider of home healthcare services in Alabama, for $345m. "The addition of Comfort Care advances Aveanna’s strategy of expanding our Home Health and Hospice segment by adding density in demographically attractive markets for skilled adult care services. Comfort Care has an established reputation in Alabama, a growing presence in Tennessee and a strong management team that will allow us to bring Aveanna’s high standards of care to even more patients and families. We’re excited to welcome Comfort Care’s talented professionals and exceptional capabilities to Aveanna, enhancing our ability to serve fast-growing, attractive markets," Rod Windley, Aveanna Executive Chairman.

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