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Nova Leap Expands with New Acquisition

Nova Leap Expands with New Acquisition

Nova Leap Health (TSE:NLH) has released an update.

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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.

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