ResCare Acquires Indiana & Kentucky Community Services Provider TLC Supported Living Services
September 11, 2006 ResCare Acquires Indiana & Kentucky Community Services Provider TLC Supported Living Services ResCare, Inc., has purchased the assets of TLC Supported Living Services, Inc. and TLC Supported Living Services of Kentucky, Inc. (TLC). TLC provides residential, in-home, and respite services to individuals in Indiana and Kentucky with developmental, intellectual, cognitive, and other disabilities. ResCare expects this multi-site tuck-in acquisition to generate approximately $20 million of annual revenue. The acquisition was completed on August 1, 2006. ResCare seeks to expand its operations through growth of existing operations augmented by provider acquisitions in areas where ResCare . . .
