The private equity company Nautic Partners has completed one of the first PE-driven deals of 2024. Announced Tuesday, the firm is acquiring the McKinney, Texas-based Angels of Care from Varsity Healthcare Partners. Angels of Care providers private-duty nursing, skilled nursing, respite care and a range of therapy services in the home to medically complex children and young adults. The company employs more than 2,000 private-duty nurses, skilled nurses, physical therapists, speech therapists, attendants and specialists. Its footprint currently spans Texas, Colorado, North Carolina, South Carolina, Florida, Arizona and Pennsylvania. That reach grew from two states to seven states under Varsity Healthcare Partners’ watch, which began in 2019.
Read the full article: Nautic Partners Scoops up Home Health Provider Angels of Care //
Source: https://homehealthcarenews.com/2024/02/nautic-partners-scoops-up-home-health-provider-angels-of-care