January 14, 2020

Springhill Acquired by Abode Healthcare

Brentwood Capital Advisors (“BCA”) is pleased to announce that it served as the exclusive financial advisor to Springhill Home Health & Hospice (“Springhill” or the “Company”) in its recently completed acquisition by Abode Healthcare (“Abode”).

Springhill is a high-quality provider of home health, hospice and palliative care in the Alabama Gulf Coast market, including Mobile, Baldwin and Washington counties.

“We are excited to join the Abode Healthcare team and are confident they will continue the legacy of high-quality patient care in the communities we serve,” said Bobby Wofford, President of Springhill. “Brentwood Capital’s strong industry relationships and home health & hospice expertise generated a process that yielded the best outcome for shareholders, employees and patients.”

“Springhill Home Health & Hospice has served the greater Mobile market for 19 years and has a reputation of providing high-quality clinical care,” added L.A. Galyon, Partner at Brentwood Capital Advisors. “We were pleased to serve as Springhill’s exclusive financial advisor on this important transaction and enjoyed working with Bobby Wofford and his team.”

About Brentwood Capital Advisors

Based in Franklin, Tennessee, Brentwood Capital Advisors is one of the South’s leading boutique investment banks, providing mergers and acquisitions and capital raising advice to privately-held, middle-market healthcare, technology and tech-enabled and outsourced services companies. BCA has served as exclusive financial advisor on transactions totaling approximately $6.6 billion in value in these sectors. Founded in 1999, the firm is partner-owned and has 22 investment banking professionals. For more information, please visit www.brentwoodcapital.com.

About Springhill Home Health & Hospice

Serving Mobile, Baldwin and Washington counties in Alabama, Springhill Home Health and Hospice has been providing compassionate care and support to the seriously ill and their families since 2001. The Company provides assistance and comfort care at end-of-life for hospice patients or at-home illness and injury treatment for home health patients.

About Abode Healthcare

Abode is a leading provider of home health and hospice services throughout the United States. It offers a full spectrum of palliative care and support services that are tailored to the individual needs and preferences of terminally ill patients and their families. Abode was formed in 2012 and is based in Durango, Colorado.

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