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MIAMI – 2/14/2025 – The Bloom Organization (“Bloom”), a leading investment bank specializing in the healthcare and business services sectors, is pleased to announce that its client, Star Pediatric Home Care Agency (“Star Pediatric”), has completed a strategic partnership with Abound Health Inc. (“Abound”), a premier provider of specialized care for individuals with intellectual and developmental disabilities (IDD) and their families.

Founded in 2008 and headquartered in Saddlebrook, NJ, Star Pediatric is one of the largest providers of private-duty nursing (PDN) services for medically complex and fragile pediatric patients in New Jersey. The company is dedicated to delivering high-quality, compassionate care to children, focusing on their physical, emotional, and developmental well-being. In addition to its core nursing services, Star Pediatric emphasizes preventive care and family education, fostering strong relationships with the communities it serves.

Abound Health is a leading provider of healthcare solutions for individuals with intellectual and developmental disabilities (IDD). With over two decades of experience, Abound Health has consistently expanded its services and geographical reach, now operating in multiple states and serving thousands of individuals annually.

The partnership between Star Pediatric and Abound Health represents a unique opportunity to leverage complementary expertise and expand services across multiple states, including North Carolina, Pennsylvania, and New Jersey. The collaboration is expected to drive significant synergies.

“We are thrilled to partner with Abound Health and to work alongside Dennis Lally (CEO), Jenna Whigham (President), and the entire Abound team to accelerate our growth while maintaining our unwavering commitment to quality patient care,” said Michelle Stengart, CEO of Star Pediatric. “We are incredibly grateful to The Bloom Organization for their guidance throughout this process. Their expertise and dedication were instrumental in identifying the ideal strategic partner and ensuring a successful transaction.”

“The ability to align with the right partner—both strategically and culturally—is critical to long-term success,” said Steven Weiss, Managing Director at The Bloom Organization. “This partnership unites two mission-driven organizations, creating a stronger, integrated healthcare platform that will enhance the continuum of care for children and adults with complex medical needs.”

The Bloom Organization served as the exclusive financial advisor to Star Pediatric and its shareholders. The transaction was led by Henry Bloom, Steven Weiss, and Phil Russo. 

Epstein Becker & Green represented Star Pediatric, while Holland & Knight served as legal counsel for Abound Health.

With over 30 years of experience advising healthcare services businesses, The Bloom Organization specializes in structuring strategic partnerships and market consolidation strategies. For more information or to discuss potential monetization opportunities, please contact The Bloom Organization at (305) 974-0700 or info@bloomllc.com.