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New York Private Equity Firm Purchases the National Home Health Care Corporation for $65 Million

Posted on Tuesday, May 17, 2016 3:02 PM

Blue Wolf Capital, a private equity firm in New York, has purchased the National Home Health Care Corporation (NHHC) for $65 million. This purchase is one of the highest-value transactions in recent quarters.

In comparison, the largest fourth quarter transaction in 2015, was Amedisys Inc., with a $63 million dollar acquisition of Infinity HomeCare.

“A range of factors are currently driving M&A deal making in the home health space,” according to Jim Moskal, head of Global Healthcare Practice at international mid-market M&A and debt advisory firm Livingstone.

These factors include the following:
• Heightened costs and regulation, resulting in smaller and mid-sized agencies pursuing sales
• An unpredictable rate environment promotes consolidation
• Larger organizations can influence their scale and efficiencies in response to lower Medicaid or Medicare reimbursements

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