M&A Deal Summary

Aveanna Healthcare Acquires Thrive SPC

On April 3, 2025, Aveanna Healthcare acquired healthcare services company Thrive SPC

Acquisition Highlights
  • This is Aveanna Healthcare’s 7th transaction in the Healthcare Services sector.
  • This is Aveanna Healthcare’s 7th transaction in the United States.
  • This is Aveanna Healthcare’s 1st transaction in Arizona.

M&A Deal Summary

Date 2025-04-03
Target Thrive SPC
Sector Healthcare Services
Buyer(s) Aveanna Healthcare
Deal Type Add-on Acquisition
Advisor(s) Cantor Fitzgerald (Financial)
Ropes & Gray (Legal)

Target

Thrive SPC

Scottsdale, Arizona, United States
Thrive SPC is an independent provider of pediatric home care with 23 locations in seven states including Arizona, Georgia, Kansas, New Mexico, North Carolina, Virginia, and Texas.

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Buyer(S) 1

Buyer

Aveanna Healthcare

Atlanta, Georgia, United States

Category Company
Founded 2016
Sector Healthcare Services
Employees33,500
Revenue 1.9B USD (2023)
DESCRIPTION

Aveanna Healthcare is a provider of pediatric home care with 180 locations in 23 states, and 26,000 caregivers currently serving over 40,000 patients. Aveanna Healthcare was founded in 2016 and is based in Atlanta, Georgia.


DEAL STATS #
Overall 7 of 7
Sector (Healthcare Services) 7 of 7
Type (Add-on Acquisition) 4 of 4
State (Arizona) 1 of 1
Country (United States) 7 of 7
Year (2025) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-20 Doctor’s Choice Home Care

Sarasota, Florida, United States

Doctor’s Choice Home Care is a medicare certified home health agency. Doctor’s Choice Home Care was founded in 2007 and is based in Sarasota, Florida.

Buy $120M