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Weekly News Wire | March 5, 2007

ResCare Subsidiary, Southern Home Care Services to Acquire Kelly Home Care Services for $12.5 Million

March 5, 2007 ResCare Subsidiary, Southern Home Care Services to Acquire Kelly Home Care Services for $12.5 Million On February 20, 2007, ResCare, Inc. announced that its subsidiary Southern Home Care Services, Inc., signed an agreement to buy nearly all operating assets of Kelly Home Care Services, Inc. (KHCS), a subsidiary of Kelly Services Inc. for $12.5 million. The acquisition will expand ResCare’s periodic in-home care services in the 18 West and Southeast states where KHCS operated. ResCare projects the annualized revenue to reach $55 million. KHCS provides home-care to the elderly and people with . . .

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