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Addus HomeCare Announces a Definitive Agreement to Acquire Personal Care Division of AccentCare

Key Takeaway: Addus HomeCare Corporation has entered into a definitive agreement to acquire the personal care division of AccentCare for about $275 million. This acquisition specifically pertains to AccentCare's personal care operations outside of New York, excluding its hospice and home health services. This move is expected to strengthen Addus's position in the home care market.

Market Sentiment Analysis

POSITIVE FACTORS

  • Addus HomeCare is expanding its service offerings.
  • The acquisition is valued at approximately $275 million.
  • The transaction focuses on personal care services, enhancing market presence.

Full Press Release Details

FRISCO, Texas--(BUSINESS WIRE)--Addus HomeCare Corporation (Nasdaq: ADUS), a provider of home care services, today announced a definitive agreement to acquire the personal care division of AccentCare for an anticipated purchase price, after customary purchase price adjustments, of approximately $275.0 million. The transaction relates only to AccentCare’s personal care operations outside of New York and does not relate to its hospice and home health operations. The acquired operations serve an a

Frequently Asked Questions

What is the value of the acquisition by Addus HomeCare?

The acquisition is valued at approximately $275 million.

Which operations of AccentCare are being acquired?

Addus HomeCare is acquiring AccentCare's personal care operations outside of New York.

Does the acquisition include hospice services?

No, the acquisition does not include AccentCare's hospice and home health operations.

What is the purpose of this acquisition?

The acquisition aims to expand Addus HomeCare's service offerings in the home care market.

Last updated: Sep 14, 2026