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Home Health & Hospice Week

Industry Note:

An 'Unusual Pairing' Results In Blockbuster Sale

Published on Thu Oct 24, 2019

Private equity firm Towerbrook Capital Health and health system Ascension Health have combined forces to acquire hospice chain Compassus for $1.05 billion, according to news reports. The two buyers formed Ascension Tower- Brook Healthcare Opportunities L.P., a co-investment vehicle, to make the acquisition, says Moody’s Investors Services. The bond credit rating service expects Brentwood, Tennessee-based Compassus to be designated as [...]
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