Add-on Acquisition • Healthcare Services

Traditions Health Acquires Grace Hospice and Palliative Care

On January 5, 2021, Traditions Health acquired healthcare services company Grace Hospice and Palliative Care

Acquisition Context
  • This is Traditions Health’s 20th transaction in the Healthcare Services sector.
  • This is Traditions Health’s 19th transaction in the United States.
  • This is Traditions Health’s 2nd transaction in Louisiana.

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M&A Deal Summary

Date January 5, 2021
Target Grace Hospice and Palliative Care
Sector Healthcare Services
Buyer(s) Traditions Health
Deal Type Add-on Acquisition

Target Company

Grace Hospice and Palliative Care

Lafayette, Louisiana, United States
Grace Hospice and Palliative Care is a provider of hospice and home health services, in respective markets of Lafayette and Hammond, Louisiana.
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Buyer Overview 1

Buyer

Traditions Health

College Station, Texas, United States

Category Company
Founded 2008
Sector Healthcare Services
DESCRIPTION

Traditions Health provides home health care and hospice services to patients in South-East Texas. Traditions currently provide care to over 2,100 patients across 24 home health and hospice offices in Texas, Arizona, and California. In addition, the company also provides consulting services and online policy manuals. Traditions Health was founded in 2008 and is based in College Station, Texas.


Deal Context for Buyer #
Overall 20 of 28
Sector: Healthcare Services 20 of 28
Type: Add-on Acquisition 19 of 27
State: Louisiana 2 of 3
Country: United States 19 of 27
Year: 2021 4 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-05 Heritage Hospice

Hammond, Louisiana, United States

Heritage Hospice is a provider of hospice and home health services, in respective markets of Lafayette and Hammond, Louisiana.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-18 Area Community Hospice

Plainview, Texas, United States

Area Community Hospice is a hospice provider with locations in Plainview and Lubbock. Area Community Hospice is based in Plainview, Texas.

Buy -