Hospice M&A sees uptick in Q1 2025

Hospice M&A sees uptick in Q1 2025
Hospice News; by Jim Parker; 4/10/25
Hospice acquisitions saw a gentle rebound in Q1 2025. Deal volume is up relative to 2024’s slump, but activity has not reached the boom levels of 2020 and 2021. The M&A market’s rejuvenation extends across a range of home-based care industries, according to a new report from the M&A advisory firm Mertz Taggart. The “tides have turned,” with a total 29 home-based care transactions during Q1, the most active quarter since 2023, the report indicated... Some of the more significant disclosed deals included the following:

• Bristol Hospice, a portfolio company of the private equity firm Webster Equity Partners, acquired St. Agatha Comfort Care in Las Vegas for an undisclosed sum.
• Choice Health at Home purchased Devotion Hospice in Texas. Financial terms were kept confidential.
• Minnesota-based St. Croix Hospice completed two deals for an undisclosed amount — Hospice of Siouxland in Iowa and some of Mayo Clinic Health System’s hospice assets in Minnesota.
• Uplift Hospice acquired Star of Texas Hospice, expanding its average daily patient census to 450 across Arizona, Nevada and Texas.