Abound Health announced on February 13 that it entered a
strategic partnership with Star Pediatrics, a New Jersey-based
pediatric home health provider. Abound Health acquired Star
Pediatrics in a deal that was effective February 7, 2025.
Star Pediatrics specializes in delivering in-home care to
children with complex medical needs, supporting both the child
and their family. The company is based in Saddle Brook, New
Jersey.
Abound Health is a provider of healthcare solutions for
individuals with intellectual and developmental disabilities
(I/DD). Headquartered in Charlotte, North Carolina, the company
operates in multiple states and serves thousands of individuals
annually.
This acquisition expands Abound Health’s services to include
pediatric patients with complex medical needs, complementing its
existing I/DD care services such as residential support, day
programs and behavioral health interventions. The acquisition
also strengthens Abound Health’s position in the Northeast
market, complementing its existing operations in North Carolina
and Pennsylvania. Financial terms of the deal were not disclosed.
The M&A market for healthcare companies continues to build on STRATEGIC opportunities and a fragmented market. Consolidations along with unprecedented demand are driving scale across the continuum of care. The strategic corporate buyers and private equity investors remain committed to acquiring strong businesses that are well prepared for a transaction. Across the continuum of care, these buyers and investors are looking for well established, profitable businesses and offering prime valuations and options for management.
Do you know the current market value of your business? We do! We are here to help you plan, prepare, explore and succeed in executing your strategic options.
Contact Paragon Ventures for more information.
800-719-1555
