M&A
confidence high
sentiment positive
materiality 0.75
Aveanna to acquire Thrive Skilled Pediatric Care for ~$75M in stock and cash
Aveanna Healthcare Holdings, Inc.
- Aveanna (AVAH) to acquire Thrive SPC for ~$75M, primarily in common stock, plus cash.
- Thrive operates 23 locations across 7 states, adding two new states to Aveanna's footprint.
- Deal expected to close in Q2 2025, subject to customary regulatory approvals.
- Thrive provides private duty nursing, therapy, and aide services to medically fragile children.
- Summit Partners (Thrive's backer) supports the acquisition; advisors include Bass Berry Sims and Ropes Gray.