Addus HomeCare Agrees To Acquire Personal Care Division Of AccentCare For $275 Million
Addus HomeCare Corporation, which provides home care services, announced a definitive agreement to acquire the personal care division of AccentCare for $275.0 million. The transaction pertains only to AccentCare’s personal care operations outside of New York and does not relate to its hospice and home health operations.
The acquired AccentCare operations serve an average daily census of approximately 13,700 individuals through locations in a 10-state footprint. The transaction will expand Addus HomeCare’s personal care operations in Arizona, California, Illinois, and Texas. It also adds operations in six additional states: Colorado, Georgia, Minnesota, Pennsylvania, Tennessee, and . . .
