M&A Deal Summary |
|
|---|---|
| Date | 2021-01-25 |
| Target | Fortis Health |
| Sector | Healthcare Services |
| Buyer(s) | Grant Avenue Capital |
| Sellers(s) | Eduro Healthcare |
| Deal Type | Divestiture |
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| Category | Private Equity Firm |
|---|---|
| Founded | 2017 |
| Size | Middle-Market |
| Type | Sector Focused |
Grant Avenue Capital is a private equity firm focused on middle-market healthcare companies in North America. Grant Avenue seeks long-term partnerships with founders and management teams in companies with EBITDA of $5 to $25 million. Specific sectors of interest include home-based care, retail health and wellness, healthcare products, and pharma devices and services. The Firm considers control buy-outs, buy and builds, corporate carve-outs, joint-control partnerships and special situations. Grant Avenue Capital was founded in 2017 and is headquartered in New York, New York.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 4 |
| Sector (Healthcare Services) | 2 of 3 |
| Type (Divestiture) | 2 of 3 |
| State (Alabama) | 1 of 1 |
| Country (United States) | 2 of 4 |
| Year (2021) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-02-04 |
H2 Health
Jacksonville, Florida, United States H2 Health is a national provider of outpatient physical rehabilitation care offering a wide range of services, including physical, occupational, and speech therapies. It operates more than 60 outpatient facilities across seven states. H2 Health was formed in 2020 and is based in Jacksonville, Florida. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-06-01 |
Ovation Healthcare
Brentwood, Tennessee, United States Ovation Healthcare is a provider of consulting, management and education resources to hospitals and health systems for more than three decades. Ovation Healthcare is a hospital management, with nearly 150 current multi-year clients across the U.S. Ovation Healthcare was founded in 1977 and is based in Brentwood, Tennessee. |
Buy | - |
Eduro Healthcare LLC is a national skilled nursing company with 17 facilities in nine states. Eduro puts a primary emphasis on patient care. Eduro operates highly-rated transitional care and skilled nursing facilities throughout the western, and midwestern United States. Eduro Healthcare is based in Salt Lake, Utah.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Healthcare Services) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (Alabama) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2021) | 1 of 1 |
