The Pennant Group to acquire certain assets from Signature Healthcare at Home for $80m.

The Pennant Group, a healthcare services provider, agreed to acquire certain assets from Signature Healthcare at Home, a provider of home health and hospice services, for $80m. “This is a significant acquisition in Pennant’s history. We are excited to make this investment because of the quality of Signature’s people and operations. Its locations, its philosophy, and its culture are a perfect complement to our existing operations in the Pacific Northwest. A key tenet of Pennant’s disciplined growth strategy is that we make acquisitions from a foundation of strength, where we have solid existing leaders and well-performing operations. This deal is a great example of that, and it will provide opportunities for current and future operators within the Signature footprint to become C-level leaders in Pennant,” Brent Guerisoli, Pennant CEO.