Three Oaks Hospice reportedly begins sales process
09/18/24 at 03:00 AM
Three Oaks Hospice reportedly begins sales process
Hospice News; by Jim Parker; 9/16/24
Dallas-based Three Oaks Hospice has reportedly begun seeking a buyer. The private equity-backed hospice launched in 2019 with more than $21 million in investment dollars from Granite Growth Health Partners, Health Velocity Capital and Petra Capital Partners. Rumors of the potential sale were first reported by the website Ion Analytics, which indicated that Three Oaks generates between $12 million and $15 million EBITDA... The company currently operates 28 locations across its eight-state footprint, including Texas, Missouri, Kansas, Illinois, Michigan, Louisiana, South Carolina and Pennsylvania.