FORT WORTH, Texas—Cubhub, a provider of Medicaid-focused homecare software, acquired TaskMaster Pro (TMP), a software platform for Intellectual and Developmental Disabilities (IDD) service providers across the United States. This acquisition bolsters both companies by combining industry expertise, technology and specialized solutions for Medicaid-based care providers—allowing them to leverage one platform for multiple service lines.
M&A
CHICAGO—Waud Capital Partners (Waud Capital), a growth-oriented middle-market private equity firm, announced the acquisition of MedTec Healthcare (MedTec), a provider of in-home care and adult day services. This acquisition represents a milestone in Waud Capital's strategy to build a market-leading platform in home-based care services through its newly formed holding company, Altocare.
DALLAS—Havencrest Capital Management (Havencrest), a Dallas-based health care private equity firm, announced the sixth and seventh acquisitions under its Avid Health at Home (Avid) pla
FORT MYERS, Florida—Merits Health Products Co., a global provider of mobility solutions, announced the acquisition of Aergo Health, a UK-based MedTech company specializing in dynamic postural management solutions for wheelchair users.
JACKSONVILLE, Florida & NASHVILLE, Tennessee—Forcura, the intelligent workflow management company, and Medalogix, a clinical decision support company, announced that they have combined. Together, the companies will create a post-acute care technology platform focused on the advancement of intelligent patient care within home-based care providers and ultimately across the entire health care continuum.
DENVER & BOSTON—DispatchHealth and Medically Home announced they have entered into a definitive agreement to merge. Once the deal closes, Medically Home will become part of DispatchHealth. The combined entity will extend care into the homes of patients across 50 major metropolitan areas in partnership with nearly 40 health systems, as well as most major health plans and value-based care entities.
MINNEAPOLIS, Minnesota—DynaPulse Medical LLC, a provider of medical devices for circulatory and neuromuscular health, announced its acquisition of Veinoplus, a provider of electro-stimulation therapy solutions. This move strengthens DynaPulse Medical LLC’s mission to elevate patient care and expand its portfolio of cutting-edge health care technologies.
TAMPA, Florida—Hyde Park Capital announced that its client, VitalTech, a provider of comprehensive enterprise solutions across the care continuum that integrates virtual care coordination into existing workflows, has been acquired by CoachCare, a provider of remote patient monitoring (RPM) and care management platforms. Hyde Park Capital served as the exclusive investment banker to VitalTech for this transaction.
AUSTIN, Texas—An affiliate of Peak Rock Capital, a middle-market private equity firm, announced that it has completed the acquisition of BrightStar Group Holdings, Inc.
LIBERTY LAKE, Washington—Family Resource Home Care, an independent homecare agency based in the Pacific Northwest, announced the acquisition of Beneficial In-Home Care Inc., an Eastern Washington homecare agency with six locations in Spokane, Colville, Wenatchee, Moses Lake, Pullman and Omak. Together, the agencies aim to serve more clients in these markets.
TEMPE, Arizona—Levine Leichtman Capital Partners (LLCP), a Los Angeles-based private equity firm, announced it has partnered with management to acquire SYNERGY HomeCare, a provider of in-home care services, from private equity firm NexPhase Capital. SYNERGY HomeCare said it will continue to be run by its current executive team and led by its current CEO, Charlie Young.
TYLER, Texas—Family Tree Private Care, a private care operator in the U.S., announced its merger with and into Choice Health at Home, a home health, hospice, personal care and rehabilitation services operator. The merger aims to establish Choice Health at Home as a nationwide operator that offers a full continuum of in-home care to patients.
MELVILLE, New York—Henry Schein Inc., a health care solutions provider for office-based dental and medical practitioners, announced it has completed the acquisition of Acentus, a national medical supplier specializing in the delivery of continuous glucose monitors (CGMs).
WATERLOO, Iowa—VGM Group Inc. announced the acquisition of SleepGlad, a sleep technology solutions provider. The acquisition aims to enhance VGM Group's portfolio in sleep technology solutions.
WAYNE, Pennsylvania—Renovus Capital Partners (Renovus) announced a strategic partnership with Superior Health Holdings, Inc. (Superior), a provider of home health and hospice services throughout Louisiana.
EAGLE, Idaho—The Pennant Group, Inc., the parent company of the Pennant group of affiliated home health, hospice and senior living companies, announced it has closed on the purchase of certain Oregon assets of Signature Healthcare at Home (Signature).
NAMUR, Belgium—Sunrise, a sleep disorder diagnostics technology company, announced it has appointed a new chief growth officer, acquired California-based sleep clinic Dreem Health and has made plans to bring sleep care to the United States through telehealth services and online-based solutions.
MCKINNEY, Texas—New Day Healthcare, a home-based services provider, announced the acquisition of hospice operations in Missouri and Texas from Intrepid USA, a full-service home health agency. The company said these hospice operations aim to further its existing service line offerings and operations.
MELVILLE, New York—Henry Schein Inc., a provider of health care solutions to office-based dental and medical practitioners, announced it will acquire Acentus, a national medical supplier specializing in the delivery of continuous glucose monitors (CGM).
WASHINGTON—The Department of Justice (DOJ), together with the Attorneys General of Maryland, Illinois, New Jersey and New York, filed a civil antitrust lawsuit to block UnitedHealth Group Incorporated from completing its proposed $3.3 billion acquisition of rival home health and hospice services provider Amedisys Inc, saying it would eliminate competition between the two companies.
TYLER, Texas—Choice Health at Home, a multi-state operator of home health, hospice, private duty and rehabilitation services, announced the acquisition of Accentra Home Health and Hospice, a home health and hospice organization, and expanded its credit facilities.
ALEXANDRIA, Minnesota—Knute Nelson and Walker Methodist announced their new name and brand—Vivie. With more than 150 years of combined service to older adults in their communities, Vivie unites two legacies under one name and vision.