Aveanna Healthcare Holdings Inc. (NASDAQ: AVAH) has just announced its agreement to acquire Family First Homecare, a scaled, multi-state provider of pediatric home care with 27 locations in seven states. This acquisition is expected to expand Aveanna's specialized care model across an enhanced geographic footprint.
The CEO of Aveanna, Jeff Shaner, expressed his excitement about the acquisition and emphasized the cultural fit between the two organizations. Family First Homecare's CEO, Carson Barnes, also highlighted the commitment to providing exceptional skilled in-home care to medically fragile children and the potential benefits for patients and families as a result of the integration with Aveanna.
Aveanna intends to fund the acquisition with a combination of cash on hand and existing short-term credit facility borrowing. The transaction is expected to close in the second fiscal quarter of 2026, subject to customary closing conditions.
This strategic move signifies Aveanna's commitment to delivering high-quality and patient-centered clinical care, as well as its aim to bring unprecedented value and clinical innovation to its payors and stakeholders. Today the company's shares have moved -5.53% to a price of $9.22. For the full picture, make sure to review Aveanna Healthcare's 8-K report.
