Univita granted court approval to sell assets to Integrated Home Care

By Caroline Salls

Pittsburgh, Nov. 12 – Univita Holdings, LLC received court approval to sell substantially all of its assets to Integrated Home Care Investors, Inc., according to an order filed Thursday with the U.S. Bankruptcy Court for the District of Delaware.

Integrated Home Care agreed to pay $2.5 million in cash, plus another $300,000 for the company’s In Home inventory and supplies. The buyer also agreed to satisfy up to $120,000 owed as of Oct. 1 on Univita’s Miramar East lease.

Univita is a Miramar, Fla.-based home-care products provider that filed for bankruptcy on Aug. 28. The Chapter 7 case number is 15-11786.

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