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10/02/2017
Show Teaser Civitas Solutions Completes Acquisition of Habilitative Services, Minnesota Provider of Services To Individuals With Intellectual and Developmental Disabilities
Civitas Solutions, Inc. today announced that on September 29 th it successfully completed the acquisition of Habilitative Services, Inc. and two related companies, providers of services to individuals with intellectual and developmental disabilities in the state of Minnesota. Founded in 1985 and operating in 22 counties in Minnesota, HSI provides a...Read more..
08/23/2017
Show Teaser Civitas Solutions Announces Agreement To Acquire Minnesota Provider of Services To Individuals With Intellectual and Developmental Disabilities
Civitas Solutions, Inc. today announced that it has entered into an agreement to acquire the stock of Habilitative Services, Inc. and two related companies, providers of services to individuals with intellectual and developmental disabilities in the state of Minnesota. Operating in 22 counties in Minnesota, HSI provides a continuum of residential and...Read more..
08/09/2017
Show Teaser Civitas Solutions Reports Fiscal 2017 Third Quarter Financial Results
Third quarter net revenue increased 5.2% to $372.3 million Third quarter net income was $7.4 million, compared to net income of $4.8 million in the third quarter of fiscal 2016 Third quarter Adjusted EBITDA increased by 4.0% to $42.3 million Completed seven acquisitions, including one that closed on July 1st, with total annual revenues of $23.2 million...Read more..
07/26/2017
Show Teaser Civitas Solutions, Inc. to Present at Canaccord Genuity Growth Conference in August
Civitas Solutions, Inc. today announced that its management will present at the Canaccord Genuity 2017 Growth Conference in Boston. Civitas Solutions’ presentation is scheduled for Thursday, August 10, 2017, at 11:00 a.m. Eastern Time. A live webcast of the presentation can be accessed via the investor relations section of the Company’ s website at...Read more..
07/26/2017
Show Teaser Civitas Solutions, Inc. Announces Schedule for Release of Fiscal 2017 Third Quarter Operating Results and Conference Call
Civitas Solutions, Inc. announced today that it plans to release its 2017 third quarter operating results on Wednesday, August 9, 2017 after market close. The announcement will be followed by a conference call and webcast at 5:00 p.m. Eastern Time. During the conference call, Bruce Nardella, president and chief executive officer, and Denis Holler, chief...Read more..
07/05/2017
Show Teaser Civitas Solutions Expands Post-Acute Specialty Rehabilitation Services to Utah with Acquisition of Country Life Care Center
Civitas Solutions, Inc. today announced that it has completed the acquisition of Country Life Care Center, a rehabilitation and post-acute care facility located in Riverton, Utah. Nardella noted that Country Life, like Civitas’ CareMeridian 4 kids 35- bed program in Las Vegas, Nevada, has developed an expertise in serving pediatric patients.Read more..
06/13/2017
Show Teaser Civitas Solutions Expands Adult Day Health (ADH) Platform to the State of New Jersey with Acquisition of Paterson Provider
Civitas Solutions, Inc. today announced that it has expanded it platform of Adult Day Health services to the state of New Jersey with the acquisition of Mi Casa Es Su Casa, Inc., an ADH center in the city of Paterson. Located in New Jersey’ s third most populous city, the center has an average daily census of approximately 140 individuals and generated revenues of...Read more..
05/10/2017
Show Teaser Civitas Solutions Reports Fiscal 2017 Second Quarter Financial Results
Second quarter net revenue increased 4.8% to $362.4 million Specialty Rehabilitation Services segment continued its strong growth, with net revenue increasing 7.3% Second quarter net income was $5.5 million, compared to net income of $7.3 million in the second quarter of fiscal 2016 Second quarter Adjusted EBITDA decreased 6.3% to $38.6 million...Read more..
05/05/2017
Show Teaser Civitas Solutions, Inc. to Present at Three Healthcare Conferences in May and June
Bank of America Merrill Lynch Health Care Conference in Las Vegas. Civitas Solutions’ presentation will take place on Wednesday, May 17 th, 2017, at 3:40 p.m. PT/ 6:40 p.m. ET. UBS Global Healthcare Conference in New York City. ET. Jefferies Healthcare Conference in New York City.Read more..
05/03/2017
Show Teaser Civitas Solutions, Inc. Announces Schedule for Release of Fiscal 2017 Second Quarter Operating Results and Conference Call
Civitas Solutions, Inc. announced today that it plans to release its 2017 second quarter operating results on Wednesday, May 10, 2017 after market close. The announcement will be followed by a conference call and webcast at 5:00 p.m. Eastern Time. During the conference call, Bruce Nardella, president and chief executive officer, and Denis Holler, chief...Read more..
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