Home-based care veteran Rob Radics took the helm as CEO of Fortis Home Health & Hospice in May, and in the early days of his tenure is laser-focused on hospice growth. Radics’ 25-year career includes his founding of the hospice and home health company, Five Points Healthcare, which he led for nine years before selling […]
Hospice agencies have been in high demand in the health care mergers-and-acquisition market in recent years, particularly among private equity firms. As that trend continues, some hospices themselves are considering their own investments in businesses that can bolster their current services and bottom lines, including private-duty and non-medical home care care. A few factors are […]
Fortis Home Health & Hospice has acquired Indianapolis-based Select Home Health for an undisclosed sum. Fortis, a portfolio company of the private equity firm Grant Avenue Capital, will share ownership with Select’s founders, who have reinvested in the hospice, as well as additional, unnamed stakeholders. The acquisition expands the Salt Lake City-based Fortis footprint into […]
Merger and acquisition activity in the hospice and home health care space has been exploding in recent years as investors from all walks dive into these markets. Hospice deals have been moving forward at a record pace. As providers contend with widespread workforce shortages, buyers are paying close attention to leadership teams, staffing levels and […]
Valeo Home Health & Hospice has acquired Hearts for Hospice & Home Health in Utah for an undisclosed sum. Valeo is a portfolio company of the private equity firm Grant Avenue Capital. Grant Avenue purchased a majority stake in Valeo this past January, marking the company’s first investment in the hospice space. When announcing that […]
The health care investment firm Grant Avenue Capital has purchased Salt Lake City-based Valeo Home Health & Hospice for an undisclosed amount. The transaction marks the private equity company’s first deal in the home-based care space and signals the start of a larger effort to acquire hospice and home health holdings. Grant Avenue Capital purchased […]
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