Announced

Completed

Pennant completed the acquisition of the Tennessee, Georgia, and Alabama operations of UnitedHealth and Amedisys for $146.5m.

Synopsis

Pennant, a holding company of independent operating subsidiaries that provide healthcare services, completed the acquisition of the Tennessee, Georgia, and Alabama operations of UnitedHealth Group, a diversified health and well-being company, and Amedisys, a provider of in-home healthcare, for $146.5m. “We are pleased to welcome these exceptional teams into the Pennant family. They are among the leading operators in our industries, and their commitment to clinical excellence and deep local ties to the region make this an exciting combination. We look forward to bringing these agencies into our portfolio and bringing the Pennant operating model to the Southeast United States,” John Gochnour, Pennant COO.

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MergerLinks - Pennant completed the acquisition of the Tennessee, Georgia, and Alabama operations of UnitedHealth and Amedisys for $146.5m.