Mentor Network Enters Kentucky with Acquisition of Just Family Adult Day Health Provider.
M2 EQUITYBITES-July 24, 2019-Mentor Network Enters Kentucky with Acquisition of Just Family Adult Day Health Provider
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24 July 2019 - Boston, US-based Mentor Network has acquired Kentucky, US-based adult day health services provider Just Family, Inc. (JFI), serving approximately 800 residents through 9 ADH Centres and home-based attendant care services, the company said.
Terms of the transaction were not disclosed.
The transaction, which closed on July 1, provides MENTOR Network entry into the Kentucky ADH market, expanding its ADH geographic footprint to a fifth state.
Including the acquisition of JFI, Mentor Adult Day Health now operates 37 centres in Kentucky, Massachusetts, Maryland, New Hampshire and New Jersey, serving approximately 5,300 elders.
The Mentor Network is a national provider of home- and community-based health and human services to must-serve individuals with intellectual, developmental, physical or behavioral disabilities and other special needs.
Through it centre-based and home-based programming, JFI provides a range of person-centreed day services to elders, including personal care, medication management, and nutritional and nursing support.
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|Publication:||M2 EquityBites (EQB)|
|Date:||Jul 24, 2019|
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