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Nova Leap to acquire another home care services company in US

Canada's Nova Leap Health Corp. is going to acquire another home care services company in the U.S. for about $1.2 million.

Nova Leap did not disclose the name of the target, noting instead that it was in New England and generated $1.9 million in revenues during the year ended Dec. 31, 2017.

The acquisition is expected to be completed in the second quarter of 2018, subject to approval from the TSX Venture Exchange.

In February, Nova Leap completed the acquisition of Shrewsbury, Mass.-based home care services company Family Tree Home Care Inc. for $2.1 million.