Aveanna Healthcare Holdings (NASDAQ: AVAH) has announced plans to acquire Thrive Skilled Pediatric Care for $75 million. Wakefield, Massachusetts-based Thrive operates 23 locations across Arizona, Georgia, Kansas, New Mexico, North Carolina, Virginia and Texas. The company, backed by Boston-based investment firm Summit Partners, focuses primarily on skilled private duty nursing services but also offers pediatric therapy, licensed health aide services and certified nurse assistant services. “We believe Aveanna is an ideal partner for Thrive SPC, given the combined company’s shared vision for delivering the highest quality care to patients and innovative and cost-effective solutions to its payors,” Ross Stern, a managing director at Summit Partners, said.
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Source: https://homehealthcarenews.com/2025/04/aveanna-to-acquire-thrive-skilled-pediatric-care-for-75m/