BrightSpring Health Services, a leading provider of home and community-based health services, has announced a definitive agreement to acquire North Central Florida Hospice, Inc. and Haven Medical Group, LLC, collectively known as Haven Hospice. This transaction, valued at $60 million, includes $15 million in cash at close, $30 million in company equity at close, and a $15 million seller note payable four years after closing. This strategic acquisition will extend BrightSpring’s hospice services into 18 counties in Florida, a CON state with high entry barriers for hospice care providers. The move aligns with BrightSpring’s commitment to delivering compassionate, high-quality hospice care to more patients and their families. The acquisition is expected to be finalized in Q3 2024.

Healthcare, Home and Community-Based Care,United States, Florida

https://www.globenewswire.com/news-release/2024/06/24/2903380/0/en/BrightSpring-Health-Services-Announces-Definitive-Agreement-to-Acquire-Haven-Expanding-Its-Hospice-Services-into-the-CON-State-of-Florida.html