Mergers & Acquisitions ·
Davion agrees to acquire HSH for $13.5M in cash and stock
DAVIDavion Healthcare PLC
Davion Healthcare Plc has entered into an agreement to acquire Healthcare Stat Homecare Inc., a Philadelphia-based provider of home healthcare services, for total consideration of $13.5 million. The deal comprises $8 million in cash and $5.5 million in Davion shares issued at an agreed value of $13 per share. Completion is expected on or before December 31, 2026, subject to the terms of the acquisition agreement. HSH reported gross receipts of approximately $11.6 million and ordinary business income of approximately $1.9 million for the year ended December 31, 2025. This transaction represents the first in a planned programme of acquisitions intended to broaden Davion's commercial operations and build a more diversified healthcare group. Davion Healthcare Plc is a developer of non-invasive health monitoring technologies designed to support early identification of medical anomalies outside traditional clinical environments.