Bristol Hospice, a portfolio company of Webster Equity Partners, has purchased the California operations of Companion Hospice for an undisclosed amount. Companion will retain its Texas and Arizona locations. The acquisition fills a geographic gap in Bristol’s service area, in which Companion Hospice cares for more than 600 patients per day. Financial terms of the transaction were not disclosed.
California is the largest hospice market in the country, according to Kevin Palamara, managing director at Provident Healthcare Partners, the M&A firm that advised Companion on the deal. The acquisition fills a geographic gap its Bristol’s service area, in which Companion Hospice cares for more than 600 patients per day
To access the full article on Hospice News, click on the following link: Bristol Acquires Companion Hospice California Locations
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