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Announced

Completed

The Pennant Group completed the acquisition of Bluebird.

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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hospice care

Friendly

Health Care Services

Single Bidder

Majority

Acquisition

Completed

United States

Domestic

Private

Synopsis

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The Pennant Group, a group of affiliated home health, hospice, home care and senior living companies, completed the acquisition of Bluebird, which provides skilled home health, private duty, and hospice services across Southwestern Idaho. Financial terms were not disclosed. "Bluebird’s operations fit uniquely within the strong continuum of care we have successfully built in Idaho over the last 12 years. This transition brings with it a strong group of operational and clinical leaders and outstanding clinicians who have made a meaningful impact in Southwest Idaho’s healthcare continuum over the last few years. We are excited to join them, and add our home-based care focused resources, systems, and best practices, to help them drive continued clinical and operational progress, and provide life-changing home health, hospice, and home care services to the residents of the Treasure Valley and across Idaho," John Gochnour, Pennant Group President and COO.

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