Hospice News February 28, 2025
The Pennant Group (Nasdaq: PNTG) plans to ramp up acquisitions later this year as it works to integrate assets purchased in late 2024.
Among those deals was The Pennant Group’s acquisition of Signature Healthcare at Home’s hospice and home health assets for a price tag of $80 million which closed in January. The company also completed some senior living transactions.
Pennant is on the hunt for more deals but will likely be more active later in the year.
“We are focused on quickly and effectively transitioning newly acquired operations and have the best strength capital and deal flow to support substantial acquisitional growth,” CEO Brent Guerisoli said in an earnings call. “We continue to entertain numerous potential opportunities across our...
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