Avondale Partners Announces Adoration Health’s Acquisition Of Home Health Care Of East Tennessee
Avondale Partners announced that it recently served as the exclusive financial advisor to Home Health Care of East Tennessee, Continue Care and affiliates regarding their sale to Adoration Home Health & Hospice, a subsidiary of BrightSpring Health Services. Headquartered in Chattanooga, Tennessee, Home Health Care of East Tennessee was founded in 1983. Since then, the company has provided skilled home care, hospice, and private duty services to consumers in East Tennessee, West Tennessee, and Mississippi.
The sale achieved the shareholders’ objectives of realizing liquidity and ensuring that the Home Health Care of East Tennessee’s consumers continue to receive high . . .