Home Health Care News July 11, 2024
The Pennant Group (Nasdaq: PNTG) has agreed to acquire assets of certain affiliates of Signature Healthcare at Home for a combined price tag of $80 million.
“This is a significant acquisition in Pennant’s history,” Pennant CEO Brent Guerisoli said in a press statement. “We are excited to make this investment because of the quality of Signature’s people and operations. Its locations, its philosophy, and its culture are a perfect complement to our existing operations in the Pacific Northwest. A key tenet of Pennant’s disciplined growth strategy is that we make acquisitions from a foundation of strength, where we have solid existing leaders and well-performing operations.”
Signature provides home health and hospice services in the Pacific Northwest, and has locations throughout...
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