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Aveanna to acquire Los Angeles-based home care provider

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Aveanna to acquire Los Angeles-based home care provider

Privately held Aveanna Healthcare said it will acquire Los Angeles-based Premier Healthcare Services LLC.

Premier Healthcare provides home care services for children and adult patients in California, with additional operations in Colorado and Texas.

Financial terms of the transaction, which is scheduled to close in mid- to late-June, were not disclosed.

Edge Healthcare Partners served as Aveanna's financial adviser while Greenberg Traurig LLP is acting as legal adviser.

Lincoln International LLC served as Premier's financial adviser and Proskauer Rose LLP served as the legal adviser.