Aveanna Healthcare acquires Family First Homecare, projects significant revenue growth

By Chris Stiles • Tuesday, June 02 09:42 • Permanent Link

Aveanna Healthcare Holdings said it completed its acquisition of Family First Holding, LLC, paying $175.5 million in cash and funding the deal with cash on hand.

Family First Homecare brings 27 locations across seven states: Florida, Illinois, Iowa, North Carolina, Pennsylvania, South Dakota and Texas. The company primarily provides skilled private duty nursing services for pediatric home care patients.

The acquisition lifted Aveanna’s full-year 2026 revenue outlook to $2.63 billion to $2.65 billion, up from a prior range of $2.56 billion to $2.58 billion. That is an increase of $70 million at the midpoint, entirely tied to Family First Homecare.

Aveanna also raised its adjusted EBITDA guidance to $338 million to $342 million from $328 million to $332 million. That midpoint increase of $10 million also reflects Family First Homecare’s contribution.

The company said the updated guidance reflects only the added operations from Family First Homecare for 2026. Today the company's shares have moved -7.18% to a price of $6.655. If you want to know more, read the company's complete 8-K report here.

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