Traditions Health Acquires 4 Agencies; Help at Home Buys Adaptive

Traditions adds to post-acute care platform Traditions Health is adding to its growing post-acute care business. The College Station, Texas-based home health and hospice provider announced a handful of new acquisitions at the start of January. Financial terms of the transactions were not disclosed. In Oklahoma, Traditions acquired two home health agencies: Traditions Home Care […]

Centerbridge Partners, The Vistria Group Acquire Wellspring’s Help at Home

Help at Home — a Chicago-based home- and community-based services provider that operates across 13 states — has been acquired by a consortium of private equity buyers. Specifically, Centerbridge Partners and The Vistria Group are teaming up to purchase Help at Home from Wellspring Capital Management, which will remain a minority investor in the company. […]

PE Firms Reportedly Strike $1.4B Deal for Wellspring’s Help at Home

The M&A rumor mill is starting to heat up in the home-based care space. On Friday, reports surfaced that Centerbridge Partners and Vistria Group are teaming up on a $1.4 billion deal for Wellspring Capital Management’s Help at Home. The rumored deal is valued off of EBITDA in the $110 million to $120 million range, […]

Business Briefs: Bethany HomeHealth Shuts Down Without Notice

Bethany HomeHealth Abruptly Closes All Locations Plano, Texas-based Bethany HomeHealth Services has closed all 19 of its offices and did not provide a warning or reason for doing so, The Longview News-Journal reported. The company did share they were closing its offices in Longview, Carthage, Lufkin, Nacogdoches and Texarkana, but on Monday it appeared all locations […]