AccentCare, a portfolio company of Advent International, and Seasons Hospice & Palliative Care have merged
January 25, 2021
AccentCare Inc., a portfolio company of Advent International, and Seasons Hospice & Palliative Care, have closed the transaction to combine their two organizations.
Cain Brothers, a division of KeyBanc Capital Markets, acted as financial advisor to AccentCare in connection with the transaction.
AccentCare, headquartered in Dallas, TX, is a nationally recognized leader in post-acute care, with more than 30 strategic partnerships aligned to deliver consistently exceptional care to patients and their families. AccentCare has over 27,000 qualified professionals delivering personal/non-medical care, skilled nursing, rehabilitation, hospice, and care management services to more than 145,000 patients and clients annually, at more than 179 locations, in 17 states.
Advent International is one of the largest and most experienced global private equity investors. The firm has invested in over 350 private equity transactions in 41 countries, and as of June 30, 2020, had $58 billion in assets under management, excluding the $2 billion raised for LAPEF VII.
Seasons is the 5th largest hospice provider in the United States, offering high-quality compassionate care in 19 states through 31 Medicare-certified programs. In 2019, Seasons caregivers served more than 30,000 patients and provided over 1.84 million days of care. Seasons has over 30 strategic partnerships with health systems, hospitals, and payors to provide high-quality and innovative care to the communities the company serves.
For more information, please contact: