Agape Care Group is a company on the move, focused on multi-state expansion in the Southeast quadrant of the United States while continuing to build density in its existing markets. The hospice and palliative care provider, a portfolio company of Ridgemont Equity Partners, acquired two organizations in 2023, as well as purchases of additional licenses, […]
Ridgemont Equity Partners
Though the number of hospice M&A deals plummeted in 2023 compared to prior years, deals are still being made, and the industry may see a rebound in 2024. Transaction volume declined in the hospice and home-based care space in 2023, following the two record-breaking prior years. Only three hospice deals took place in the third […]
Agape Care Names New Palliative Medical Director Agape Care Group, a portfolio company of Ridgemont Equity Partners has appointed Kari Bradford, a doctor of nursing practice, as its new palliative medical director. In this role, Bradford will lead the organization’s integrated palliative care program model with an additional focus on growing the workforce. She will […]
Agape Care Group has expanded into Alabama and Louisiana with the acquisition of Journey Hospice. Financial terms were undisclosed. South Carolina-headquartered Agape is a portfolio company of the private equity firm Ridgemont Equity Partners. With the addition of Journey, Agape’s average daily census exceeds 3,700 daily across five states, with a staff of 1,500. “Both […]
Agape Care Group has opened a new office facility in Milledgeville, Georgia. The South Carolina-based hospice provider is a portfolio company of the private equity firm Ridgemont Equity Partners. Agape Care Group established a presence in Georgia in 2021, setting up shop with a location in the city of Augusta that served 12 counties. Since […]
Agape Care Group Appoints M&A VP Alex Ferguson has stepped into the role of senior vice president of mergers and acquisitions at Agape Care Group. The South Carolina-based hospice and palliative care provider is a portfolio company of the private equity firm Ridgemont Equity Partners. In his new role, Ferguson will assess and prioritize M&A […]
Hospice provider Agape Care Group has acquired GHC Hospice for an undisclosed sum, furthering the company’s goal of multistate expansion through the Southeast. South Carolina-headquartered Agape is a portfolio company of the private equity firm Ridgemont Equity Partners. Geography was a key consideration in their newest transaction. GHC serves patients in South Carolina and Georgia, […]
The labor pressures in the hospice community are straining clinical operations, but the issue is also becoming a more pressing concern when it comes to mergers and acquisitions. Buyers, in fact, are paying much closer attention to workplace culture and human resources as they select acquisition targets. Hospice M&A has been exploding in recent years […]
Widespread consolidation continues in the hospice space, but the industry’s staff shortage is having a greater influence on M&A decisions. Despite a cool down in early 2022, many expect the hospice M&A market to rebound in the second half of the year. Last year saw a record-number of hospice deals, and many of those buyers […]
Agape Care Group has expanded to North Carolina with the purchase of Hospice of the Carolina Foothills. Financial terms were undisclosed. Agape is a portfolio company of the private equity firm Ridgemont Equity Partners. Its newly acquired asset operates in eight counties in its home state and will not rebrand in the near term. “There […]