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Nova Leap Health Corp. announces Closing of Home Care Acquisition in Nova Scotia
Globenewswire·2025-05-06 12:21

Core Insights - Nova Leap Health Corp. has completed the acquisition of a home care services company in Nova Scotia for a total consideration of CAD 390,000, fully paid at closing [2] - The Target company reported unaudited revenues of approximately CAD 1.1 million and adjusted EBITDA of approximately CAD 95,000 for the fiscal year 2024 [1] - Nova Leap is focused on expanding its market presence in Nova Scotia and operates in one of the fastest-growing industries in the U.S. and Canada, particularly in dementia care [2] Company Overview - Nova Leap is recognized for its growth, achieving rankings such as 42 and 2 on the 2021 and 2020 Report on Business ranking of Canada's Top Growing Companies, and 10 in the 2019 TSX Venture 50™ in the Clean Technology & Life Sciences sector [2] - The company operates in eight different U.S. states and Nova Scotia, indicating a geographically diversified business model [2]