Ropes & Gray Advises Summit Partners Backed Thrive Skilled Pediatric Care in its Sale to Aveanna Healthcare Holdings

In The News
April 9, 2025

Ropes & Gray represented Summit Partners backed company Thrive Skilled Pediatric Care in its sale to Aveanna Healthcare Holdings. The transaction was announced on April 3 and is expected to close in the second quarter of 2025.

Thrive SPC is one of the largest independent providers of pediatric home care with 23 locations in seven states including Arizona, Georgia, Kansas, New Mexico, North Carolina, Virginia and Texas. Thrive SPC focuses primarily on skilled private duty nursing services, and also provides pediatric therapy, licensed health aide services, and certified nurse assistant services.

Atlanta-based Aveanna Healthcare has locations in 34 states and provides a broad range of pediatric and adult healthcare services including nursing, rehabilitation services, occupational nursing in schools, therapy services, day treatment centers for medically fragile and chronically ill children and adults, home health and hospice services, as well as delivery of enteral nutrition and other products to patients. 

The Ropes & Gray team was led by private equity partner Sandy Boer and private equity associate Brandon Winer and included tax partner Pam Glazier, private equity partners Bill Mone and Chris Holt, health care partner Tim McCrystal, employment & benefits partners Allie Alperovich, Megan Bisk and Kyle Higley, capital markets partner Tom Fraser, IP transactions partner Emily Karlberg, litigation & enforcement partner Samer Musallam and litigation & enforcement counsel Steve Kaye.