J.H. Whitney Equity Partners VII Sells 2.42 Million Aveanna Healthcare Shares at $8.01
J.H. Whitney Equity Partners VII, LLC, a 10% owner of Aveanna Healthcare Holdings Inc. (NASDAQ: AVAH), filed a Form 4 disclosing a significant sale of common stock. On June 30, 2026, the entity sold 2,419,035 shares at $8.01 per share, reducing its direct holdings to zero. However, through its affiliated entities, J.H. Whitney maintains substantial indirect ownership. The filing reveals that PSA Healthcare Investment Holdings LLC holds 15,523,810 shares and PSA Iliad Holdings LLC holds 1,426,034 shares, bringing the total indirect ownership to 16,949,844 shares. The transaction was executed by J.H. Whitney VII, L.P., which now holds 10,112,123 shares following the sale. The complex ownership structure involves multiple entities where J.H. Whitney Equity Partners VII serves as general partner and may be deemed to share voting and dispositive power over the shares held by its affiliated entities, though it disclaims beneficial ownership except for its pecuniary interest.