J.H. Whitney Equity Partners VII, LLC, a significant shareholder in Aveanna Healthcare Holdings, Inc. (NASDAQ:AVAH), reported the sale of a substantial block of the company’s common stock. The private equity firm, identified as a 10% owner, disposed of 919,389 shares on June 24, 2026, for a total value of $7,355,112.
The shares were sold at a price of $8.00 per share. The stock has since traded at $8.55, reflecting a strong year in which shares delivered a 76% return. According to InvestingPro analysis, AVAH appears undervalued at current levels, with the company earning an "EXCELLENT" financial health score of 3.75 out of 5. Following this transaction, J.H. Whitney Equity Partners VII, LLC indirectly holds 12,531,158 shares through J.H. Whitney VII, L.P. The firm also indirectly holds 15,523,810 shares through PSA Healthcare Investment Holdings LLC and 1,426,034 shares through PSA Iliad Holdings LLC. J.H. Whitney Equity Partners VII, LLC serves as the general partner of J.H. Whitney VII, L.P. and Whitney Strategic Partners VII, L.P., which in turn manages PSA Healthcare Investment Holdings LLC and PSA Iliad Holdings LLC. The firm disclaims beneficial ownership of these securities except to the extent of its pecuniary interest.
In other recent news, Aveanna Healthcare Holdings Inc. completed its acquisition of Family First Holding, LLC for $175.5 million in cash. This acquisition expands Aveanna’s platform, adding Family First Homecare’s 27 locations across seven states, focusing on pediatric home care services. Following this acquisition, RBC Capital upgraded Aveanna Healthcare’s stock rating to Outperform, citing solid execution on preferred payor relationships and the enhanced platform scale. Additionally, Moody’s Ratings upgraded Aveanna Healthcare’s corporate family rating to B2 from B3, acknowledging the company’s improved business performance and reduced leverage. Moody’s expects sustained growth over the next 12-18 months with leverage in the mid-to-high 4.0 times range. Furthermore, Aveanna Healthcare announced a repricing of its first lien and revolving credit facilities, reducing interest rate margins by 50 basis points. The repricing includes a potential further reduction if the company achieves a B2 or B credit rating from certain agencies. These developments reflect Aveanna’s strategic initiatives aimed at business volume growth and operational efficiencies.