Nova Leap Health (TSE:NLH) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Nova Leap Health Corp., a home health care organization, has announced the signing of an agreement to purchase a Massachusetts-based home care services company, with the deal expected to close in early May. The acquisition, valued at $300,000, is anticipated to enhance the company’s earnings immediately and marks Nova Leap’s first acquisition of the year. The target company has reported annual revenues of around $800,000 and an Adjusted EBITDA of $100,000, contributing to Nova Leap’s growth in the home care industry.
For further insights into TSE:NLH stock, check out TipRanks’ Stock Analysis page.