Nova Leap Health Closes Strategic Acquisition in Florida

Deal News | Dec 16, 2024 | Globenewswire

Nova Leap Health Closes Strategic Acquisition in Florida

Nova Leap Health Corp., a rapidly growing home healthcare organization, announced the successful acquisition of a Florida-based home care business. This marks the company's strategic entry into the Florida market, as highlighted by Chris Dobbin, Nova Leap’s CEO, who expressed optimism about the market’s growth potential and future expansion plans. This acquisition is a non-arms-length transaction approved by disinterested shareholders under TSX Venture Exchange policies. Nova Leap is recognized for its role in dementia care across the U.S. and Canada, ranking high among Canada’s top-growing companies. This expansion adds to its presence in eight U.S. states and in Nova Scotia, strengthening its footprint in one of the fastest-growing industries. The forward-looking statements in the announcement caution about possible risks and uncertainties, suggesting that future results may vary. The company does not commit to updating these predictions unless required by securities laws.

Sectors

  • Healthcare
  • Mergers and Acquisitions

Geography

  • United States – The acquired home care business operates in Florida, U.S., where Nova Leap Health Corp. is expanding its operations.
  • Canada – Nova Leap Health Corp. is headquartered in Halifax, Nova Scotia, and operates in the Canadian home healthcare market.

Industry

  • Healthcare – The article focuses on Nova Leap Health Corp., which operates in the home healthcare sector, particularly emphasizing dementia care services within the continuum of care.
  • Mergers and Acquisitions – The core subject of the article is Nova Leap's recent strategic acquisition of a home care business, a key activity in the M&A sector.

Financials

    Participants

    NameRoleTypeDescription
    Nova Leap Health Corp.Bidding CompanyCompanyA home health care organization focusing on acquisitions in the healthcare sector, particularly in dementia care services.
    Chris DobbinCEOPeoplePresident & CEO of Nova Leap Health Corp., leading the company's strategic growth and expansion into the Florida market.