BrightSpring Health To Acquire Assets Of Florida-Based Haven Hospice For Total Consideration Of $60M
Portfolio Pulse from Benzinga Newsdesk
BrightSpring Health has announced a definitive agreement to acquire the assets of Haven Hospice, a Florida-based company, for a total consideration of $60 million. The acquisition includes $15 million in cash, $30 million in company equity, and a $15 million seller note payable four years after closing.
June 24, 2024 | 9:00 pm
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BrightSpring Health is set to acquire Haven Hospice for $60 million, which includes a mix of cash, equity, and a seller note. This acquisition could expand BrightSpring's hospice care services in Florida.
The acquisition of Haven Hospice by BrightSpring Health is likely to positively impact BTSG's stock price in the short term. The deal expands BrightSpring's hospice care services in Florida, which could lead to increased revenues and market presence.
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