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Alamosa News | Gerald Lee Poe

Alamosa News | Gerald Lee Poe
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Grant Avenue Capital Backed Valeo Home Health & Hospice Acquires Hearts for Hospice & Home Health from Abode Healthcare

Grant Avenue Capital Backed Valeo Home Health & Hospice Acquires Hearts for Hospice & Home Health from Abode Healthcare
Most recent acquisition of broader home-based care buy and build initiative
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NEW YORK, April 27, 2021 /PRNewswire/ Grant Avenue Capital, LLC, www.GrantAve.com, a healthcare-focused private equity firm, announced today that its portfolio company, Valeo Home Health & Hospice acquired Hearts for Hospice & Home Health, based in in American Fork and Ogden, Utah. Hearts was a division of Abode Healthcare. The acquisition is the most recent in Grant Avenue Capital s broader home-based care buy and build initiative. ....

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Grant Avenue Capital takes majority stake in Valeo Home Health and Hospice

Grant Avenue Capital takes majority stake in Valeo Home Health and Hospice
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Grant Avenue Capital Acquires Valeo Home Health and Hospice

Grant Avenue Capital Acquires Valeo Home Health and Hospice
First step in broader home-based care buy and build initiative
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NEW YORK, Jan. 26, 2021 /PRNewswire/ Grant Avenue Capital, LLC, www.GrantAve.com, a healthcare-focused private equity firm, announced today that it acquired a majority interest in Valeo Home Health and Hospice, based in Salt Lake City, Utah. The acquisition represents the firm s first step in a broader home-based care buy and build initiative.
Founded in 2011, Valeo is a highly regarded provider of patient-focused home health and hospice services. Grant Avenue Capital is acquiring the business from Eduro Healthcare, a leading owner and operator of skilled nursing facilities. Certain individual shareholders of Eduro will continue to have a minority ownership stake in Valeo. Additional information about Valeo is available at www.valeohh.com. ....

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