DALLAS–(BUSINESS WIRE)–Generational Group, a leading mergers and acquisitions advisory firm for privately held businesses, is pleased to announce the sale of its client, First Horizon Management, LLC, to Honor Health Care Network. The acquisition closed June 28, 2024.
Located in Indianapolis, Indiana, First Horizon Management was established in 2017, offering both skilled and unskilled home health care services as well as operating a Certified Nursing Assistant School. The company has distinguished itself as the leading in-home care provider in the region, serving a client base of over 200 individuals.
First Horizon Home Health Care LLC is dedicated to helping each patient reach their maximum level of independence. They achieve this by offering high-quality, compassionate care personalized to meet each patient’s unique needs. They also work closely with the patient and their family throughout the home health care journey.
Honor Health Care Network, founded in 2014 and located in Ridgefield Park, NJ, is a comprehensive home care and home health care organization. The company offers a wide range of services, including activities of daily living care, skilled nursing, pharmacy and infusion services. Honor has been expanding its footprint across the United States via acquisition and has identified Indiana as an ideal state for further growth.
There is great confidence in this partnership to further the mission of continuing the quality, reliable skilled and unskilled services that were the foundation of First Horizon.
This partnership instills confidence in advancing the mission of maintaining the high standards of quality and reliability in skilled and unskilled services that have been the foundation of First Horizon Management, LLC.
Julie Sandoval, Senior Managing Director, M&A, stated, “It was a privilege to work on this opportunity. Not only was this an ideal fit, but the level of professionalism of both sellers and buyers made for a smooth transaction,”
Generational Group Executive Managing Director of M&A – Central Region, Michael Goss, and his team, led by Senior Managing Director, M&A, Julie Sandoval closed the deal. Senior Managing Director, David Robinson, and Senior M&A Advisor, Bryce Gray, established the initial relationship with First Horizon Management, LLC.
About Generational Group
Generational Group, headquartered in Dallas, is a leading, award-winning, full-service business advisory firm. With more than 350 professionals located throughout 17 offices in North America, the company helps business owners release their business’ wealth by providing growth consulting, merger, acquisition, and wealth management services. The Generational suite of advisory services includes strategic growth consulting, exit planning education, business valuation, value enhancement strategies, M&A services, digital services, and wealth management. For more information visit generational.com.
