Home Health Care News June 29, 2021
The private equity firm Coltala Holdings has acquired Choice Health at Home, a growing home-based care provider based in Texas. Financial details were not disclosed.
The capital and other resources from Coltala will help Choice become a larger home health player across the South. Additional aspects of the deal reflect larger trends in the industry as well.
Coltala’s leaders called themselves “fortunate” to be the acquirers of Choice, a sentiment that reflects just how red-hot and competitive the current M&A market is in home health.
“We were definitely looking, but we were not optimistic that we would find the right one,” Ralph Manning, the co-founder and CEO of Coltala, told Home Health Care News. “And that’s really because the market...
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