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PSA Healthcare Acquires Texas Home Care Services Provider.

M2 EQUITYBITES-September 20, 2016-PSA Healthcare Acquires Texas Home Care Services Provider

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20 September 2016 - Atlanta, Georgia-based pediatric home care for children provider PSA Healthcare has acquired Colorado-based home care services Professional Pediatric Home Care, the company said.

Financial terms of the transaction, which closed on September 17th, were not disclosed.

The addition of PPHC will expand PSA's services in the state of Colorado to six locations. PSA will also acquire Reach Therapy in Texas, a part of PPHC.

PSA Healthcare said that the addition of Reach in Houston includes three clinics as well as a home-based therapy business, giving PSA the opportunity to expand its footprint in Texas.

With more than 30 years in pediatric and adult home care providing experience, PSA Healthcare has more than 70 locations in 16 states, including Florida, Georgia, Pennsylvania, Colorado, Texas and Louisiana.

Edge Healthcare Partners served as PSA's financial advisor.

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Publication:M2 EquityBites (EQB)
Geographic Code:1U7TX
Date:Sep 20, 2016
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