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Aveanna completes acquisition of Thrive SPC

PUBLIC · AVAHJun 04, 2025

Acquiring Company

Aveanna Healthcare Holdings

Acquired Company

Thrive Skilled Pediatric Care

AtlantaWakefieldHealth CareMedicalHealth CareMedical

Description

Aveanna Healthcare Holdings Inc. has successfully completed the acquisition of Thrive Skilled Pediatric Care, LLC. This acquisition enhances Aveanna's footprint in the pediatric home care sector and introduces its specialized care model to new states. The addition is expected to create significant growth opportunities for the combined entity. Aveanna funded the transaction with a mix of cash and common stock.

Quick answer

Aveanna Healthcare Holdings is acquiring Thrive Skilled Pediatric Care, announced June 4, 2025. Aveanna Healthcare Holdings is based in Atlanta, Georgia, United States.

How much did Aveanna Healthcare Holdings pay for Thrive Skilled Pediatric Care?
The deal value was not disclosed.
What does Aveanna Healthcare Holdings do?
Aveanna Healthcare is headquartered in Atlanta, Georgia and has locations in 33 states providing a broad range of pediatric and adult healthcare services including nursing, rehabilitation services, occupational nursing..
Where are Aveanna Healthcare Holdings and Thrive Skilled Pediatric Care based?
Aveanna Healthcare Holdings is based in Atlanta, Georgia, United States. Thrive Skilled Pediatric Care is based in Wakefield, Massachusetts, United States.
Who are the decision-makers at Aveanna Healthcare Holdings?
Fundz holds 2 contacts at Aveanna Healthcare Holdings. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Aveanna Healthcare Holdings

Location

400 Interstate North Parkway

Atlanta, Georgia, United States

About

Aveanna Healthcare is headquartered in Atlanta, Georgia and has locations in 33 states providing a broad range of pediatric and adult healthcare services including nursing, rehabilitation services, occupational nursing in schools, therapy services, day treatment centers for medically fragile and chronically ill children and adults, home health and hospice services, as well as delivery of enteral nutrition and other products to patients. The Company also provides case management services in order to assist families and patients by coordinating the provision of services between insurers or other payers, physicians, hospitals, and other healthcare providers. In addition, the Company provides respite healthcare services, which are temporary care provider services provided in relief of the patient’s normal caregiver. The Company’s services are designed to provide a high quality, lower cost alternative to prolonged hospitalization. For more information, please visit www.aveanna.com.

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Frequently asked

Who acquired Thrive Skilled Pediatric Care?

Thrive Skilled Pediatric Care was acquired by Aveanna Healthcare Holdings, based in Atlanta. The deal was reported on June 4, 2025. Aveanna Healthcare Holdings is publicly traded (AVAH) and operates in Health Care.

When did Aveanna Healthcare Holdings acquire Thrive Skilled Pediatric Care?

Aveanna Healthcare Holdings's acquisition of Thrive Skilled Pediatric Care was reported on June 4, 2025. Aveanna Healthcare Holdings Inc. has successfully completed the acquisition of Thrive Skilled Pediatric Care, LLC. This acquisition enhances Aveanna's footprint in the pediatric home care sector and introduces its specialized care model to new states. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Thrive Skilled Pediatric Care do?

Thrive SPC is one of the largest independent providers of pediatric home care with locations across several states. The company specializes in skilled Private Duty Nursing services and also offers Pediatric Therapy and other health aide services. It is privately held, operating in Health Care, and is based in Wakefield.

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