ACQUIRED · 2024
Who Acquired Covenant Care / Covenant Hospice?
VITAS Healthcare Corporation (Chemed) · $85.0M· 18.0× EBITDA
The acquisition
Covenant Care / Covenant Hospice was acquired by VITAS Healthcare Corporation (Chemed) in 2024 for $85.0M. The deal was priced at 18.0× EBITDA / 1.50× revenue.
Covenant Care / Covenant Hospice at time of acquisition
Revenue
$58.7M
EBITDA
$4.7M
Deal value
$85.0M
EV / EBITDA
18.0×
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Sourced from Press releases and Form 990s. Full deal page.
Citation: ExitValue.ai. (2024). Covenant Care / Covenant Hospice acquired by VITAS Healthcare Corporation (Chemed). https://exitvalue.ai/acquired/covenant-care-covenant-hospice