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Nova Leap Health Corp. Completes Purchase of Home Care Business in Eastern Canada

written by Raj Shah | April 23, 2019

April 23, 2019 (Source) — NOVA LEAP HEALTH CORP. (TSXV: NLH) (“Nova Leap” or the “Company”), a company focused on the home health care industry, is pleased to announce it has completed the acquisition of the business assets of Careforce Home Care Workers Cooperative Limited (“Careforce”) with locations in Kentville and New Glasgow, Nova Scotia.  The execution of the definitive agreement and related information pertaining to this acquisition was previously announced on April 2, 2019.  All amounts are in United States dollars (“USD”) unless otherwise specified.

“We are excited to welcome the Careforce team to our organization,” said Chris Dobbin, President & CEO of Nova Leap.  “This is another important investment in line with our 2019 expansion plans in the U.S. and Canada.”

About Nova Leap

Nova Leap is an acquisitive home health care services company operating in one of the fastest growing industries in the U.S. & Canada.  The Company performs a vital role within the continuum of care with an individual and family centered focus, particularly those requiring dementia care.  Nova Leap achieved 877% revenue growth in 2018 through a geographically focused expansion plan and achieved the #10 Ranking in the 2019 TSX Venture 50™ in the Clean Technology & Life Sciences sector.  The Company is geographically diversified with operations in 4 different U.S. states: Vermont, New Hampshire, Massachusetts, and Rhode Island as well as Nova Scotia, Canada.

FORWARD LOOKING INFORMATION:

Certain information in this press release may contain forward-looking statements. This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Actual results might differ materially from results suggested in any forward-looking statements. The Company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward looking-statements unless and until required by securities laws applicable to the Company. Additional information identifying risks and uncertainties is contained in the Company’s filings with the Canadian securities regulators, which filings are available at www.sedar.com.

CAUTIONARY STATEMENT:

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.