Traditions Health Acquires Harbor Light Hospice

Traditions Health, LLC, has acquired Illinois-based Harbor Light Hospice, a multi-state provider of hospice services, for an undisclosed amount. The acquisition strategically expands the Traditions Health footprint into several new key markets. Traditions is a portfolio company of family-owned investment firm Dorilton Capital Advisors. Headquartered in College Station, Texas, the company provides hospice, home health […]

Non-Traditional Buyers Flocking to Hospice M&A Market

Private-equity firms have been investing heavily in hospice during the past few years, a trend that is not expected to slow. However, a new crop of investors are also moving into the space such as search funds and family offices seeking to capitalize on rising demand and the promise of demographic tailwinds as the population […]

Traditions Health Acquires Two Hospices in Oklahoma and the Southeast

Traditions Health has purchased Oklahoma-based Physician’s Choice Hospice and Palladium Hospice, which operates in multiple states in the Southeast. Financial terms were undisclosed for both transactions. Traditions is a portfolio company of family-owned investment firm Dorilton Capital Advisors. In addition to hospice, the company offers skilled nursing, therapy and home health services. With the Palladium […]

Hospice Topping Other Health Care Sectors on M&A

Hospice providers are charging ahead with merger and acquisition transactions this year despite taking a few financial punches from the COVID-19 pandemic. While the larger health care M&A market saw more disruption, hospice activity proceeded apace according to a new report from Provident Healthcare Partners. Acquisitions in the health care services sector slowed significantly in […]

Traditions Health Acquires Hospices in Georgia and Oklahoma

Hospice and home health provider Traditions Health, has expanded to markets in two new states with the acquisitions of Faith Hospice of Oklahoma and Embrace Hospice of Georgia. Traditions purchased both providers from Diversified Health Care for an undisclosed sum. Traditions is a portfolio company of family-owned investment firm Dorilton Capital Advisors. Prior to these […]

Traditions Health Purchases Hospice with Grace for Undisclosed Sum

Hospice and home health provider Traditions Health, LLC has acquired Tomball, Texas-based Hospice with Grace, expanding the company’s footprint in the Houston region. Financial terms of the transaction were not disclosed. Traditions is a portfolio company of family-owned investment firm Dorilton Capital Advisors that operates in Texas, California and Arizona. The hospice provider has been on […]

Traditions Health Acquires Pathways Hospice

Hospice and home health provider Traditions Health, LLC, has acquired Tucson, Ariz.-based Pathways Hospice for an undisclosed amount.  Traditions, based in College Station, Texas, provides hospice, home health care and consulting services to more than 1,800 patients in Texas, California and Arizona. Traditions is a portfolio company of family-owned investment firm Dorilton Capital Advisors.   Traditions […]

Addus Completes $130 Million Purchase of Hospice Partners of America

Hospice and home health care provider Addus HomeCare Corporation (NASDAQ: ADUS) has completed a $130 million purchase of Birmingham, Ala.-based Hospice Partners of American, LLC. The $130 million purchase price represents $118 million of value, net the present value of $11.6 billion of estimated tax benefits, according to Addus. The Hospice Partners transaction was funded […]