Aveanna Bolsters M&A Strategy with SimiTree Partnership
Deal News | Jun 11, 2025 | Globenewswire
SimiTree has partnered with Aveanna Healthcare to conduct a comprehensive billing and compliance audit as part of Aveanna's acquisition due diligence for Thrive Skilled Pediatric Care. The audit was instrumental in Aveanna's transaction-related decision-making and integration planning. The clinical insights provided by SimiTree helped Aveanna identify operational and financial strengths and weaknesses, informing their post-transaction strategy for long-term value creation. Both companies emphasize the importance of detailed due diligence and a deep understanding of the post-acute care sector. SimiTree’s specialized M&A services are tailored to meet the unique needs of this market, enabling clients to confidently navigate complex transactions.
Sectors
- Healthcare
- Private Equity
- Mergers and Acquisitions
Geography
- United States – Both SimiTree and Aveanna Healthcare operate within the U.S., and the article focuses on their activities in this region.
Industry
- Healthcare – This industry is relevant as the article discusses companies involved in healthcare services, especially in the behavioral health, home health, and hospice sectors.
- Private Equity – SimiTree is backed by private equity, which plays a crucial role in facilitating their comprehensive solutions and operational growth.
- Mergers and Acquisitions – The article focuses on the M&A process, particularly Aveanna's acquisition strategy enhanced by SimiTree's due diligence services.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| SimiTree | Service Provider | Company | SimiTree is a services and software company focused on behavioral health, home health, and hospice providers, providing M&A due diligence services. |
| Aveanna Healthcare | Buyer / Acquirer | Company | Aveanna Healthcare is involved in the acquisition of Thrive Skilled Pediatric Care and relies on SimiTree’s due diligence expertise. |
| Thrive Skilled Pediatric Care | Target Company | Company | Thrive Skilled Pediatric Care is an independent provider of pediatric home care, and the subject of Aveanna's acquisition. |
| Rachel Witt, RN | Chief Clinical Officer | Person | Rachel Witt is Aveanna's Chief Clinical Officer and provides commentary on the partnership with SimiTree. |
| Mark Romano | Vice President | Person | Mark Romano is SimiTree's Vice President, commenting on the value SimiTree adds to Aveanna’s acquisition strategy. |