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Lincoln International is pleased to announce the successful sale of Premier Healthcare Services, a leading multi-state provider of pediatric home health and therapy services as well as behavioral health administration services. The company operates primarily in California with additional locations in Texas and Colorado.
Premier Healthcare Services offers exceptional private duty nursing services throughout California through its 21 licensed and certified offices. The company is the largest private-duty nursing provider in the state, boasting more than 1,900 active caregivers. They are also fully certified by all 21 regional centers of California and offer comprehensive behavioral health benefit administration to over 12,000 families.
We're excited for our next chapter with Aveanna, sd co-founder Joe Mallinger. Lincoln International was instrumental in guiding us through the strategic process and finding the right partner.
Co-founder Kelly Johnson also commed Lincoln's assistance throughout the transaction process.
Barry Freeman, a Managing Director at Lincoln and head of their U.S. Healthcare Group added that Premier Healthcare Services is an important addition to their list of healthcare sector transactions which now number more than 50 deals.
Lincoln International was retned by Premier Healthcare Services as exclusive sell-side advisors during this transaction, supporting the company's management team throughout all stages: from marketing and due diligence through to final negotiations.
With its headquarters in Pasadena, California, Premier Healthcare Services Premier is a respected leader in pediatric home health services and behavioral healthcare administration with offices spread across multiple states.
Aveanna Healthcare will now operate Premier as part of their portfolio company under the ownership of Bn Capital and J.H. Whitney.
About Premier Healthcare Services
Founded in 2005, Premier serves families all over California with a team of nearly 2,000 caregivers. The business is also one of the largest private duty nursing providers in California and administers behavioral health benefits for about 12,000 consumers through its relationship with regional centers.
About Aveanna Healthcare
Aveanna Healthcare has grown rapidly since its establishment as the nation's leading provider of pediatric home care services. With a presence in 23 states across America and over 30,000 caregivers serving more than 33,000 patients, Aveanna is committed to delivering compassionate, high-quality healthcare.
Lincoln International has been proud to represent Premier Healthcare Services during this process which resulted in an outstanding outcome with the partnership of Aveanna.
The firm's extensive experience advising on mid-market transactions and its deep expertise within the healthcare sector enabled them to support both parties successfully throughout this process.
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Lincoln Internationals Successful Sale of Premier Healthcare Services Leading Multi state Home Health Therapy Provider Sold Behavioral Health Administration in California and Beyond Private Duty Nursing Services Market Leader Aveanna Healthcare Acquires Premier via Bain Capital J.H. Whitney Strategic Transaction: Healthcare Sector Mid market Deal