Transactions: Aveanna Completes Comfort Care Purchase; Interim Announces Third Acquisition of 2021

Aveanna closes $345 million Comfort Care deal Aveanna Healthcare Holdings Inc. (Nasdaq: AVAH) has completed its acquisition of Comfort Care, an adult home health and hospice company with operations in Alabama and Tennessee. The $345 million deal included $55 million in estimated net tax benefits. Comfort Care is expected to be fully integrated into Aveanna […]

Movers & Shakers: Addus, Remedy Partners

Bachleda Resigns from Addus Board of Directors Simon A. Bachleda has resigned from the board of directors of Addus HomeCare Corporation (Nasdaq: ADUS), a Downers Grove, Ill.-based provider of in-home and home health care services. Bachleda announced his resignation on October 19. He indicated his decision was based on a desire to focus more on his […]

Business Briefs: Merger Suspended, HomeCare Connect’s CFO

VNA of Hanover Suspends Merger with SpiriTrust Lutheran Adams County, Pennsylvania-based Visiting Nurse Association of Hanover & Spring Grove Inc. has suspended its previously announced merger with Chambersburg, Pennsylvania-based SpiriTrust Lutheran Home Care & Hospice. The VNA voted to suspend discussions about a merger, which have been taking place since 2014, according to a news release. […]