M&A
confidence high
sentiment neutral
materiality 0.75
Pennant Group, Inc. (PNTG): M&A transaction — Pennant completes $146.5M acquisition of 54 home health/hospice locations from UnitedHealth/Amedisys
Pennant Group, Inc.
- Acquisition includes home health, hospice and personal care operations in Tennessee, Georgia and Alabama.
- Total cash consideration of $146.5 million for 54 locations; two-thirds of revenue from home health, one-third from hospice.
- Transaction stems from antitrust divestiture required for UnitedHealth/Amedisys merger with DOJ settlement.
- Transition services agreement in place; Pennant prepared throughout 2025 to execute the deal.