Atlanta, Georgia - Edge Healthcare Partners is pleased to announce that Aveanna Healthcare Holdings Inc. (NASDAQ: AVAH) ("Aveanna"), a leading, diversified home care platform focused on providing care to medically complex, high-cost patient populations, has completed its acquisition of Family First Holding, LLC ("Family First Homecare"). Aveanna acquired Family First Homecare for a cash purchase price of $175.5 million. The transaction closed on June 1, 2026. Edge Healthcare Partners served as financial advisor to Aveanna.
Family First Homecare is a scaled, multi-state provider of pediatric home care that primarily provides skilled Private Duty Nursing services through 27 locations in seven states, including Florida, Illinois, Iowa, North Carolina, Pennsylvania, South Dakota, and Texas. The acquisition of Family First Homecare expands Aveanna's specialized care model across an enhanced geographic footprint.
"Family First Homecare is a perfect fit for us geographically and culturally. The team is committed to delivering high-quality and patient-centered clinical care that produces exceptional outcomes for patients and families. Adding to our care in key geographies brings us greater density in important states while reinforcing our strategic mission to deliver high-quality care while bringing unprecedented value and clinical innovation to our payors and stakeholders," said Jeff Shaner, CEO of Aveanna.
"We were honored to partner with Aveanna on this important acquisition. Family First Homecare has built a strong reputation as a scaled pediatric home care provider, and its clinical focus, geographic footprint and service capabilities are highly complementary to Aveanna's platform. We are excited to see Aveanna continue to expand its ability to deliver high-quality care to patients and families in the home," commented Bryan Pope, Partner of Edge Healthcare Partners.
The transaction further highlights Edge Healthcare Partners' deep experience advising clients across the post-acute and pediatric home care sectors and marks the firm's seventh pediatric home health transaction since 2020.
About Aveanna
Aveanna Healthcare is headquartered in Atlanta, Georgia and has locations in 39 states, providing a broad range of pediatric and adult healthcare services primarily focused on care in the home, including nursing, hospice, rehabilitation, occupational nursing in schools, therapy, and day treatment center services for medically complex and chronically ill children and adults, as well as delivery of enteral nutrition and other products to patients. In addition, the Company provides respite healthcare services, which are temporary care provider services provided in relief of the patient's normal caregiver. The Company's services are designed to provide a high-quality, lower-cost alternative to prolonged hospitalization. For more information, please visit www.aveanna.com.
About Edge Healthcare Partners
Edge Healthcare Partners is an independent, Atlanta, Georgia-based investment banking firm focused on providing merger and acquisition advisory services to leading private and public healthcare companies and private equity firms. Edge Healthcare Partners also assists companies with raising capital for growth, acquisitions, recapitalizations, going-private transactions, and management buyouts. The professionals of Edge Healthcare Partners have over 100 years of collective investment banking experience and have completed more than 100 transactions across the healthcare industry, with a particular focus on post-acute, multi-site, and outsourced healthcare services providers. For more information, please visit www.edgehcp.com.
