Davion Healthcare agrees $13.5 million acquisition of profitable US home healthcare business

Davion Healthcare Plc (NASDAQ: DAVI) has agreed to acquire Healthcare Stat Homecare Inc. (HSH), a profitable Philadelphia-based home healthcare provider, for $13.5 million. The consideration is $8 million in cash and $5.5 million in Davion shares at $13 per share. Completion is expected on or before December 31, 2026. HSH reported gross receipts of about $11.6 million and ordinary business income of about $1.9 million for FY 2025 (unaudited). The deal is the first in a planned acquisition programme of revenue-generating, profitable healthcare businesses over the coming year. HSH provides skilled nursing, home health aide, and rehabilitation services, and holds JCAHO accreditation and Medicare/Medicaid certifications. The acquisition extends Davion into home care delivery and could create opportunities to integrate its non-invasive monitoring technologies, though integration plans are not