Q3 2023 Home Health & Hospice Update
Q3 2023 Home Health & Hospice Update
Home health and hospice continues to be a highly sought-after space as evident by Q3-23 deal flow. While most of the transactions were bolt-ons, there were a handful platform creations. International private equity firm, The Halifax Group, has acquired Sodexo’s world-wide home-care division which includes U.S. based Comfort Keepers. This transaction highlights the on-going trend of increased investor appetite for non-traditional home care assets that leverage a franchising model. This structure gives investors indirect exposure to industry headwinds and presents an opportunity for significant revenue potential. In addition, deals such as Havencrest’s home-based care platform creation, shows continued interest in the space from private equity groups. Havencrest has indicated that Avid is primed for immediate expansion with a robust pipeline of add-on acquisitions in the Midwest region.
To print and download the full Home Health & Hospice Update report, please click below…
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