Aveanna Healthcare Completes Acquisition of Comfort Care
ATLANTA, Dec. 13, 2021 (GLOBE NEWSWIRE) -- Aveanna Healthcare Holdings Inc. (NASDAQ:AVAH), a leading, diversified home care platform focused on providing care to medically complex, high-cost patient populations, today announced that it has successfully completed the acquisition of Comfort Care, a leading adult home health and hospice company with operations in Alabama and Tennessee, for $345 million, representing $290 million of value, net of the present value of approximately $55 million in estimated net tax benefits. Comfort Care is expected to be fully integrated into Aveanna during 2022, with the majority of the integration process occurring in the first 180 days. Founded in 2000, Com