The closing of Providence marks the 2nd Home Health and Hospice transaction in the state of Texas and 5th successful transaction for Team M+A this year.
LOS ANGELES–(BUSINESS WIRE)–American Healthcare Capital, a national healthcare M&A advisory firm, announced today the sale of Providence Home Health and Hospice, a leading in-home health care provider located in Houston, Texas. Originally founded in 2008, Providence was acquired by Charter Health Care Group, a provider of post-acute care services that offers a broad spectrum of programs for patients navigating the last years of life, including hospice, home health, complex care management and palliative care services.
“The sale of Providence was a testament to the resilience and commitment of all sides involved. It was also incredibly rewarding helping our client achieve his business goals,” said Mike Moran, Principal of Team M+A at American Healthcare Capital.