$AVAH·8-K

Aveanna Healthcare Holdings, Inc. · Jun 2, 7:30 AM ET

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Aveanna Healthcare Holdings, Inc. 8-K

Research Summary

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Updated

Aveanna Healthcare Completes Acquisition of Family First Homecare ($175.5M)

What Happened
Aveanna Healthcare Holdings, Inc. (AVAH) filed an 8-K on June 2, 2026 reporting that its wholly owned subsidiary, Pediatric Services of America, LLC, completed the purchase of Family First Holding, LLC (Family First Homecare) on June 1, 2026. The transaction closed under the March 12, 2026 Equity Interest Purchase Agreement for a cash purchase price of $175.5 million, subject to customary working capital and other adjustments. The Company funded the transaction with cash on hand and issued a press release on June 2, 2026 updating full fiscal year 2026 guidance to include the acquired business.

Key Details

  • Closing date: June 1, 2026; 8-K filed June 2, 2026.
  • Buyer: Pediatric Services of America, LLC, a wholly owned Aveanna subsidiary; Seller/Acquired entity: Family First Holding, LLC.
  • Purchase price: $175.5 million in cash, subject to customary working capital and other adjustments.
  • Funding: Transaction funded from Aveanna’s cash on hand; FY2026 guidance was updated solely to reflect operations of the acquired company.

Why It Matters
This acquisition expands Aveanna’s homecare services footprint and will be included in the company’s FY2026 results and guidance. The $175.5M cash payment affects Aveanna’s liquidity position (funded from cash on hand) and the final purchase price may change slightly pending working capital adjustments. Investors should review the company’s updated guidance and the June 2 press release for details on expected revenue, operating impact, and integration plans, and watch future filings for any post-closing adjustments.

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