PE-Owned Hospice Giant Compassus Reportedly Considering a Sale

Private equity-backed Compassus could soon be up for sale, according to a Jan. 8 report from PE Hub. PE Hub cited “three people familiar with the matter” for its article, which claims Compassus has tapped an advisor from Jefferies Financial Group to help the company prepare for an upcoming sales process. Jefferies had no comment […]

Home- and Community-Based I/DD Provider Civitas to be Acquired in $1.4B Deal

Civitas Solutions Inc. (NYSE: CIVI) — a large provider of home- and community-based services to individuals with intellectual and developmental disabilities (I/DD), as well as a range of other needs — has entered into a definitive merger agreement to be acquired by funds advised by Centerbridge Partners L.P. Under terms of the agreement, announced Tuesday, […]

Rumors Swirl Around Possible BrightSpring, Civitas Sales

Persistent rumors are swirling around a potential sale of home care services provider BrightSpring Health, formerly known as ResCare, by private equity ownership group Onex Corp. Civitas Solutions Inc. (NYSE: CIVI), another large home- and community-based service provider to individuals with disabilities, has now become subject to sale speculation as well. Louisville, Kentucky-based BrightSpring and […]

Business Briefs: Encompass Home Health, CareFinders

CareFinders Acquires Sovereign Home Health of Connecticut CareFinders, a Hasbrouck Heights, New Jersey-based home care provider, has acquired Sovereign Home Health of Connecticut, LLC. Norwalk, Connecticut-based Sovereign provides care to approximately 125 clients in Connecticut, giving CareFinders the opportunity to grow an initial presence outside of New Jersey, according to a press release from the […]

Business Briefs: Addus Enters Virginia, Brightree’s Scotland Office

Addus HomeCare Enters Virginia Through Acquisition of BestCare HomeCare Addus HomeCare Corporation (NASDAQ: ADUS), a comprehensive provider of home and community-based services that are mainly provided in the home, personal in nature and concentrated on the dual eligible population, announced that it has acquired substantially all of the assets of the personal care business of Five […]