The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of the Pennant group of affiliated home health, hospice and senior living companies, announced Wednesday that it has acquired the assets of CMS Home Health Care, which has locations in Brownwood and Coleman, Texas. Danny Walker, Pennant’s Chief Executive Officer, commented, “With sister operations in Abilene, Austin, and Dallas, this off-market acquisition is an excellent strategic fit for our burgeoning Texas portfolio of home health and hospice operations.”
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Source: https://www.globenewswire.com/news-release/2020/09/16/2094832/0/en/The-Pennant-Group-Acquires-Texas-Home-Health-Agency.html