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Feb, 21 2019

Aveanna Healthcare to buy home healthcare division of Maxim Healthcare Services

Aveanna Healthcare has entered into a definitive agreement to buy the home healthcare division of Maxim Healthcare Services.

Aveanna Healthcare, a leading home healthcare company, has entered into a definitive agreement to buy the home healthcare division of Maxim Healthcare Services.

Rod Windley, Executive Chairman of Aveanna, said, "We are pleased to welcome Maxim's home healthcare division to the Aveanna family. This transaction will enable us to more efficiently deliver high-quality care and will make an even greater difference in the lives of the patients and families we serve."

Bill Butz, President and CEO, Maxim, stated, "Our agreement with Aveanna represents a positive opportunity for Maxim and the patients and caregivers we serve. Our home healthcare division will benefit from a greater platform for growth and success in delivering quality, compassionate care, while allowing us to focus on our healthcare staffing and population health and wellness businesses."

Devin O'Reilly, Managing Director at Bain Capital Private Equity, said, "Maxim represents a highly complementary addition that we believe will strengthen Aveanna's business while expanding services and access to high-quality care. We are pleased to support Aveanna's transformative growth and commitment to having a lasting positive impact on the patients and families it serves."

Bob Williams, Senior Managing Director, J.H. Whitney Capital Partners, added, "Maxim's home healthcare division is an ideal strategic fit for Aveanna, furthering the Company's mission to provide home healthcare services of the highest quality. We look forward to the tremendous value this combination will unlock for patients and their families."

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