M&A Deal Summary

H2 Health Acquires MileStone Staffing

On February 4, 2020, H2 Health acquired staffing company MileStone Staffing from HCR ManorCare

Acquisition Highlights
  • This is H2 Health’s 1st transaction in the Staffing sector.
  • This is H2 Health’s 1st transaction in the United States.
  • This is H2 Health’s 1st transaction in Texas.

M&A Deal Summary

Date 2020-02-04
Target MileStone Staffing
Sector Staffing
Buyer(s) H2 Health
Sellers(s) HCR ManorCare
Deal Type Divestiture

Target

MileStone Staffing

Richardson, Texas, United States
MileStone Staffing provides per-diem, travel, and contract clinical staffing to healthcare providers and facilities throughout the country. The company extended its national reach over the course of 2020, providing critical clinical resources to help alleviate facility shortages. MileStone Staffing was formed in 1999 and is based in Richardson, Texas.

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Buyer(S) 1

Buyer

H2 Health

Jacksonville, Florida, United States

Category Company
Founded 2020
Sector Healthcare Services
DESCRIPTION

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.


DEAL STATS #
Overall 1 of 1
Sector: Staffing M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Texas M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2020 M&A 1 of 1

Seller(S) 1

SELLER

HCR ManorCare

Toledo, Ohio, United States

Category Company
Founded 1991
Sector Healthcare Services
DESCRIPTION

HCR ManorCare Inc. is an owner and operator of skilled nursing facilities and assisted living facilities in the U.S.


DEAL STATS #
Overall 2 of 2
Sector: Staffing M&A 1 of 1
Type: Divestiture M&A Deals 2 of 2
State: Texas M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2020 M&A 2 of 2
PREVIOUS DEAL
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.

Sell -