Form 4: J.H. Whitney Equity Partners VII Reports In-Kind Distribution of Aveanna Healthcare Shares

J.H. Whitney Equity Partners VII, a 10% owner and director of Aveanna Healthcare Holdings, Inc., reported the in-kind distribution of 81,882 shares of common stock from its affiliated entities.

Summary

• J.H. Whitney Equity Partners VII, LLC, a 10% owner and director of Aveanna Healthcare Holdings, Inc. (AVAH), filed a Form 4.
• The filing reports two in-kind distributions of Aveanna Healthcare common stock on July 10, 2025.
• A total of 64,773 shares were distributed from PSA Healthcare Investment Holdings LLC to its members at a price of $0.
• An additional 17,109 shares were distributed from PSA Iliad Holdings LLC to its members at a price of $0.
• Following these transactions, J.H. Whitney Equity Partners VII, LLC indirectly beneficially owns 28,890,756 shares through J.H. Whitney VII, L.P., 15,523,809 shares through PSA Healthcare Investment Holdings LLC, and 1,426,034 shares through PSA Iliad Holdings LLC.
• The reporting person disclaims beneficial ownership of these securities except to the extent of its pecuniary interest.

Sentiment

Score: 5

Explanation: The document reports routine in-kind distributions by a significant shareholder, which is a neutral event in terms of company performance or outlook. It reflects a change in the form of ownership rather than a direct positive or negative signal about the company's prospects.

Future Outlook

NA

Industry Context

This is a routine insider transaction filing for a healthcare company. In-kind distributions are common for private equity firms winding down funds or distributing assets to limited partners, reflecting a change in the structure of their investment.

Related Party Transactions

• The in-kind distributions from PSA Healthcare Investment Holdings LLC and PSA Iliad Holdings LLC to their members are considered related party transactions, as these entities are affiliated with the reporting person, J.H. Whitney Equity Partners VII, LLC.

Stakeholder Impact

• Shareholders: The distributions represent a change in the indirect ownership structure of a significant shareholder, potentially increasing the float if the distributed shares are subsequently sold by the recipients, but do not directly impact the company's operations or financial health.

Key Dates

Keywords

Aveanna Healthcare Holdings, AVAH, J.H. Whitney Equity Partners VII, SEC Form 4, Insider Transaction, Share Distribution, Beneficial Ownership, Private Equity, Healthcare Investment