M&A Deal Summary

Compassus Acquires Genesis HealthCare - Home Health And Hospice Operations

On March 9, 2016, Compassus acquired healthcare services company Genesis HealthCare - Home Health And Hospice Operations from Genesis Healthcare for 84M USD

Acquisition Highlights
  • This is Compassus’ 4th transaction in the Healthcare Services sector.
  • This is Compassus’ largest (disclosed) transaction.
  • This is Compassus’ 4th transaction in the United States.

M&A Deal Summary

Date 2016-03-09
Target Genesis HealthCare - Home Health And Hospice Operations
Sector Healthcare Services
Buyer(s) Compassus
Sellers(s) Genesis Healthcare
Deal Type Divestiture
Deal Value 84M USD

Target

Genesis HealthCare - Home Health And Hospice Operations

United States
Genesis HealthCare - Home Health And Hospice Operations is a provider of helathcare services.

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Buyer(S) 1

Buyer

Compassus

Brentwood, Tennessee, United States

Category Company
Founded 1979
Sector Healthcare Services
DESCRIPTION

Compassus is an independent provider of hospice services in the United States. Compassus cares for its patients through over 135 locations in 29 states across the U.S., serving them wherever they call home (primarily homes, nursing homes, and assisted living facilities.) Compassus plays a key part in patients’ lives as they transition from acute to non-curative, post-acute care settings, and seeks to provide timely quality care, pain and symptom management, and emotional support through leveraging interdisciplinary care teams and data-driven insights. Compassus was founded in 1979 and is based in Brentwood, Tennessee.


DEAL STATS #
Overall 4 of 4
Sector (Healthcare Services) 4 of 4
Type (Divestiture) 1 of 1
Country (United States) 4 of 4
Year (2016) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-07 Hospice Advantage

Bay City, Michigan, United States

Hospice Advantage, Inc. is a hospice care organization that provides end-of-life care, palliative treatment, personal care, and family support services, primarily to patients in their homes.

Buy -

Seller(S) 1

SELLER

Genesis Healthcare

Kennett Square, Pennsylvania, United States

Category Company
Founded 2003
Sector Healthcare Services
Revenue 3.9B USD (2020)
DESCRIPTION

Genesis Healthcare is an operator of skilled nursing centers and assisted/senior living communities in the United States. Genesis HealthCare was founded in 2003 and is based in Kennett Square, Pennsylvania.


DEAL STATS #
Overall 1 of 2
Sector (Healthcare Services) 1 of 2
Type (Divestiture) 1 of 2
Country (United States) 1 of 2
Year (2016) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-06-15 Revera - 24 Skilled Nursing Facilities

United States

Revera, Inc. - 24 Skilled Nursing Facilities are located in the following states: eight in New Jersey, five in Vermont, three in Washington, two in Connecticut, two in Massachusetts and one in each of Maryland, Virginia, New Hampshire and Rhode Island.

Buy $240M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-22 CareerStaff Unlimited

Irving, Texas, United States

CareerStaff Unlimited is a national post-acute care provider. CareerStaff's services include local, travel, and per diem employment opportunities for nurses, therapists, and pharmacists. CareerStaff Unlimited is based in Irving, Texas.

Sell -