Beacon Hospice Merges With Seacoast Hospice

Oct. 12, 2010 - PRLog -- Exeter, NH (October 11, 2010) — Seacoast Hospice, Inc. (Seacoast) has consummated a transaction with Beacon Hospice, Inc. (Beacon), under which Beacon has agreed to purchase substantially all of the non-real estate assets of Seacoast and to operate the Hyder Family Hospice House, with Beacon having an option to assume the Hyder House lease in the future.  Paragon Ventures acted as the exclusive advisor to Seacoast Hospice in the transaction.

Seacoast Hospice, which has been providing services since 1978, will continue to operate under the Seacoast Hospice brand.  Seacoast is a major community player, providing speakers and end-of-life education and has been recognized for outstanding services by the community.

Beacon Hospice, Inc., headquartered in Charlestown, Mass., was established in 1995 to serve the needs of terminally ill patients. The Company was founded on the philosophy that all patients should be able to choose the manner in which they wish to live out their lives and should receive the highest quality of care possible.  Beacon Hospice cares for patients out of 22 offices in more than 400 communities in New Hampshire, Maine, Massachusetts, Connecticut and Rhode Island.

Paragon Ventures LLC is a leading healthcare mergers and acquisitions advisory representing sub-acute care providers of home nursing, hospice, infusion, specialty pharmacy and various other healthcare sectors.  Since 1994 Paragon has successfully represented business owners in the sale of over 138 companies and consulted with thousands of business owners on the sale of their business, the M&A process, valuations and long term strategic exit planning.  Contact Paragon Ventures at 800-719-1555 or visit www.paragonventures.com

# # #

Paragon Ventures is widely recognized for in-depth healthcare sector knowledge and expertise with over a century of combined ownership, operations and management of healthcare companies. Paragon's team is noted for its dedicated service, passion for clients advocacy and the development of strong relationships throughout the healthcare sector. For more information, contact Paragon Ventures at 800-719-1555 or visit www.paragonventures.com