Almost Family To Acquire SunCrest HealthCare In Record-High $75 Million Purchase
Circle Connections: Mergers & Acquisitions Almost Family, Inc., a national provider of home health care services, today announced it has signed a definitive agreement to acquire the stock of SunCrest HealthCare for $75.5 million – the largest acquisition in the company's history. SunCrest, a provider of skilled home health and personal care services generated over $150 million in revenue in 2012. The company currently operates over 75 branch locations in nine states. With this acquisition, Almost Family will operate over 240 branches across 14 states and its annual net revenue run rate is expected to approach the $500 million . . .