Aveanna Healthcare Holdings, a leading home care platform based in Atlanta, has announced its plan to acquire Family First Holdings, a pediatric home care provider. The acquisition will expand Aveanna’s footprint across several states and strengthen its presence in the pediatric home care industry.
The financial terms of the agreement have not been disclosed. According to a March 12 news release, Aveanna intends to fund the acquisition using a combination of cash on hand and existing short-term credit facility borrowing. The deal is expected to close in the second quarter, pending regulatory approval.
Family First Holdings, which operates under the name Family First Homecare, is headquartered in Tampa, Florida. The company currently manages 27 locations across Florida, Illinois, Iowa, Pennsylvania, South Dakota, Texas, and North Carolina. This acquisition is expected to enhance Aveanna’s operations within these regions.
The expansion marks another step in Aveanna’s growth strategy, as the company aims to further solidify its position in the home care market. Details regarding the transition process between the two organizations have not yet been revealed.
The completion of the deal is contingent on regulatory approval, and further updates are anticipated in the coming months as the transaction progresses. For now, the acquisition represents a significant move for Aveanna Healthcare as it continues to grow its reach and capabilities in pediatric home care services.
