---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-200641"
form_type: "8-K"
ticker: "ADUS"
cik: "0001468328"
company_name: "Addus HomeCare Corp"
filed_at: "2023-08-01T23:59:59+00:00"
generated_at: "2026-06-12T17:47:05.245387+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Addus HomeCare completes $106M acquisition of Tennessee Quality Care

## Summary
- Cash purchase price of $106M, funded through cash on hand and credit facility.
- Acquired operations serve ~1,800 patients across 17 locations in 50+ Tennessee counties.
- Annualized revenues of approximately $40M; over 500 employees added.
- Expands clinical services in Tennessee where Addus already has strong personal care presence.

## SEC filing metadata
- accession: 0001193125-23-200641
- form_type: 8-K
- ticker: ADUS
- cik: 0001468328
- company_name: Addus HomeCare Corp
- filed_at: 2023-08-01T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1468328/000119312523200641/0001193125-23-200641-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1468328/000119312523200641/d467604d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-200641
- JSON: https://secwatch.observer/filing/0001193125-23-200641.json
- Plain text: https://secwatch.observer/filing/0001193125-23-200641.txt

## Key facts
- M&A Transactions
  Addus HomeCare Corp completed an acquisition involving American Home Care, LLC for $106.0 million (closed 2023-08-01).
  - Action: acquisition
  - Counterparty: American Home Care, LLC
  - Consideration: $106.0 million
  - Closing: 2023-08-01
  source text: Parent”), and (iii) the Acquired Companies, Addus HealthCare acquired all of the issued and outstanding membership interests of AHC from Seller for a cash purchase price of $106.0 million, subject to customary adjustments for working capital and other items, which was paid in full in cash at the closing. The purchase was funded through a combination of cash on
  evidence_url: https://www.sec.gov/Archives/edgar/data/1468328/000119312523200641/0001193125-23-200641-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.