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Pennant Group acquires GrandCare Health Services

The Pennant Group (PNTG), the parent company of the Pennant group of affiliated home health, hospice, home care and senior living companies, announces the acquisition of a premier home health agency, GrandCare Health Services. The newly acquired agency, to be known as GrandCare Home Health, provides services in Los Angeles, Orange, Riverside and San Diego counties in California, and broadens Pennant’s service area in the region. Patients can expect continuity in home health care delivery, with the added benefit of Pennant’s expanded resources, expertise, and innovative solutions. Montauk AI served as the placement agent for the transaction, supporting GrandCare through execution.

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