Aveanna Healthcare Holdings Announces Agreement to Acquire Family First Homecare

Core Viewpoint - Aveanna Healthcare Holdings Inc. has announced an agreement to acquire Family First Holding, LLC, enhancing its home care services for medically complex patients [1][2]. Company Overview - Aveanna Healthcare is a diversified home care platform headquartered in Atlanta, Georgia, providing a wide range of healthcare services across 38 states, including pediatric and adult care, nursing, rehabilitation, and hospice services [6]. - Family First Homecare is a multi-state provider of pediatric home care, focusing on skilled Private Duty Nursing services with 27 locations across seven states [2]. Acquisition Details - The acquisition of Family First Homecare will expand Aveanna's specialized care model and geographic footprint, reinforcing its commitment to high-quality, patient-centered clinical care [2][3]. - Aveanna plans to fund the acquisition through a combination of cash on hand and existing short-term credit facility borrowing, with the transaction expected to close in the second fiscal quarter of 2026 [3]. Leadership Statements - Jeff Shaner, CEO of Aveanna, expressed enthusiasm about the cultural fit and shared mission between Aveanna and Family First Homecare, emphasizing the commitment to delivering exceptional care [3]. - Carson Barnes, CEO of Family First Homecare, highlighted the integration as an opportunity to enhance care for medically fragile children and align with Aveanna's vision for innovative and cost-effective solutions [3]. Advisory Information - Edge Healthcare Partners served as the financial advisor to Aveanna, while Baird and J.P. Morgan Securities, LLC acted as financial advisors to Family First Homecare [4].

Aveanna Healthcare Holdings Announces Agreement to Acquire Family First Homecare - Reportify