{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-178048","form_type":"8-K","ticker":"ADUS","cik":"0001468328","company_name":"Addus HomeCare Corp","filed_at":"2023-06-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.956106+00:00","generated_at":"2026-06-13T14:49:00.673387+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Addus HomeCare to acquire Tennessee Quality Care for $106M; adds ~$40M annual revenue","bullets":["Cash purchase price of $106M for Tennessee Quality Care; expected close in Q3 2023.","Serves ~1,800 patients across 50+ Tennessee counties from 17 locations.","Adds ~$40M annualized revenue; 70% home health/private duty, 30% hospice.","Funded by cash on hand and revolving credit facility; no financing condition.","Tennessee is a Certificate of Need state, making scaled entry difficult."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-178048","json":"https://secwatch.observer/filing/0001193125-23-178048.json","markdown":"https://secwatch.observer/filing/0001193125-23-178048.md","text":"https://secwatch.observer/filing/0001193125-23-178048.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1468328/000119312523178048/0001193125-23-178048-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1468328/000119312523178048/d480959d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T14:49:00.673387+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"6400360f03039418e3e127782a99cd48ae0b0ed3","claim":"Addus HomeCare Corp entered into Membership Interest Purchase Agreement with HHH Newco Holdings, LLC valued at cash purchase price of $106.0 million (effective 2023-06-28).","evidence_excerpt":"On June 28, 2023, Addus HealthCare, Inc., an Illinois corporation (“Addus HealthCare”) and a wholly-owned subsidiary of Addus HomeCare Corporation (the “Company”), entered into a Membership Interest Purchase Agreement (the “Purchase Agreement”) with (i) HHH Newco Holdings, LLC, a Michigan limited liability company (“Seller”), (ii) American Health Companies, LLC, a Tennessee limited liability company (“Seller Parent”), (iii) American HomeCare, LLC, a Tennessee limited liability company (“AHC”), (iv) Homecare, LLC, a Tennessee limited liability company (“Homecare”), (v) Tennessee Valley Home Care, LLC (d/b/a Tennessee Quality Care – Home Health), a Tennessee limited liability company (“TQC – Home Health”), and (vi) Tri-County Home Health and Hospice, LLC (d/b/a Tennessee Quality Care - Hospice), a Tennessee limited liability company (“TCQ – Hospice”, and together with AHC, Homecare, and TCQ – Home Health the “Acquired Companies”). Pursuant to the Purchase Agreement, Addus HealthCare has","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1468328/000119312523178048/0001193125-23-178048-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"HHH Newco Holdings, LLC"},{"label":"Value","value":"cash purchase price of $106.0 million"},{"label":"Effective","value":"2023-06-28"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}