Agape Care Group, a provider of hospice and palliative care, has expanded its reach by acquiring select Crossroads Hospice facilities across four US states.
The acquired locations are situated in Oklahoma, Kansas, Missouri, and Georgia.
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This move marks a significant growth phase for Agape Care Group, which is backed by middle market private equity company Ridgemont Equity Partners.
The financial details and other terms of the acquisition have not been disclosed.
Following the deal’s completion, the Kansas, Missouri, and Oklahoma facilities will operate under the ACG Hospice brand, while the Georgia facility will adopt the Georgia Hospice Care brand name.
Crossroads Hospice will maintain its operations in Tennessee, Ohio, and Pennsylvania post-deal.
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By GlobalDataCrossroads Hospice CEO Perry Farmer said: “The culture of Agape Care Group is everything we envisioned in an acquisition partner.
“Their clinical quality and operational success give us great comfort and we expect the Crossroads staff to integrate seamlessly with the Agape Care team in these markets.”
The latest expansion is in-line with Agape Care Group’s strategy to provide enhanced hospice and palliative care services.
The group now serves approximately 5,000 patients across nine US states and employs over 2,000 team members.
Agape Care Group operates through various brands, including Agape Care South Carolina, Hospice of the Carolina Foothills in North Carolina, Georgia Hospice Care, and ACG Hospice in Kansas, Oklahoma, Louisiana, Virginia, Missouri, and Alabama.
Agape Care Group CEO Troy Yarborough said: “The addition of Crossroads Hospice solidifies our decision to expand into the Kansas, Missouri, and Oklahoma markets, where we have spent more than a year building the infrastructure to support this acquisition.
“We welcome the talented team members from Crossroads and look forward to focusing on care delivery and better serving patients in the Kansas City, St. Louis, Lenexa, Warrensburg, Oklahoma City and Atlanta markets.”
