Industry · MI
LiveWell Partners Acquires Detroit's Assured Home Health and Hospice
LiveWell Partners closed its acquisition of Detroit-based Assured Home Health and Hospice, a provider serving Southeast Michigan, according to Home Health Care News. Terms were not disclosed. Assured will continue operating under its existing name and leadership. The deal is LiveWell's fourth transaction in Michigan, following prior acquisitions of Michigan Community VNA Home Health and Hospice and John Paul Home Care and Hospice; LiveWell is backed by private equity firms Encore Management Group and Camino Partners and operates across Illinois, Kansas, Michigan, Missouri and Ohio.
Why it mattersHome health and hospice providers in Michigan and other Midwest markets may see continued consolidation as private-equity-backed operators like LiveWell expand their regional footprint.