Edge Healthcare Partners, LLC is pleased to announce that Gentiva Health Services, Inc. (NASDAQ: GTIV) (“Gentiva”) has completed its previously announced acquisition of Harden Healthcare Holdings, Inc. (“Harden”) for approximately $408.8 million. Under the terms of the merger agreement, Gentiva acquired Harden’s home health, hospice and community care businesses. Harden’s existing shareholders retained the company’s long-term care business. The $408.8 million purchase price paid by Gentiva consisted of $355.0 million in cash and approximately $53.8 million in Gentiva common stock. Gentiva funded the cash portion of the purchase price through available cash and a new credit facility. Edge Healthcare Partners initiated the transaction and served as the exclusive financial advisor to Gentiva.

“We were excited to partner with the Gentiva team again on completing this important strategic transaction. The combination of Gentiva and Harden not only further strengthens Gentiva’s core home health and hospice businesses but it also expands Gentiva’s service offerings into the dual eligible population. As a result, the combined business is uniquely positioned to provide enhanced pre- and post-acute care services in its markets,” commented Todd Watkins, Partner of Edge Healthcare Partners.

Founded in 2001 and based in Austin, Texas, Harden provides home health, hospice and community care services in 13 states, with a large presence in Texas and several other south central states. Excluding its long-term care business which was retained by Harden’s shareholders, Harden’s 2012 consolidated revenue was approximately $476.0 million. Gentiva Health Services, Inc. is the nation’s largest provider of home health and hospice services based on revenue, delivering innovative, high quality care to patients across the United States.

Gentiva is a single source for skilled nursing; physical, occupational, speech and neurorehabilitation services; hospice services; social work; nutrition; disease management education; help with daily living activities; and other therapies and services.

About Edge Healthcare Partners

Edge Healthcare Partners is an independent Atlanta based investment banking firm focused on providing merger and acquisition 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 and management buy-out transactions The professionals of Edge Healthcare Partners have over 65 years of collective investment banking experience and have completed more than 100 transactions across the entire spectrum of healthcare including healthcare services, healthcare information technology, distribution and life sciences. Securities are offered through Edge Corporate Finance, Member FINRA and SIPC. For more information, visit https://www.edgehcp.com/.