Aveanna Healthcare Holdings Inc. acquired Preferred Pediatric Home Health Care, Inc. for $40.6 million in August, 2020. The consideration is subject to customary purchase price adjustments. Preliminary total consideration for the transaction was $40.6 million, of which $39.8 million was paid in cash at closing. Per the purchase agreement, a total of $0.8 million of total consideration is to be held by Aveanna to settle working capital adjustments. The holdback payment, net of working capital adjustments, will be paid to the sellers three months after closing. Aveanna Healthcare Holdings Inc. completed the acquisition of Preferred Pediatric Home Health Care, Inc. in August, 2020.