National healthcare business brokers Stoneridge Partners announce the completion of two recent transactions:
- Albuquerque, N.M.-based Armada Skilled Home Health and Hospice in its acquisition by Addus HomeCare Corporation. With the $29 million deal, Addus adds new skilled nursing services to its existing personal care operations in the Albuquerque area.
- Hospice and palliative care provider Paradigm Health in a transaction with Havencrest Capital Management, which purchased a majority interest in the company. Terms of the deal were not disclosed.
