secwatch.observer — SEC 8-K summary
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Issuer:     Addus HomeCare Corp (ADUS)
CIK:        0001468328
Form:       8-K
Filed at:   2023-08-01T23:59:59+00:00
Accession:  0001193125-23-200641
Event type: m_and_a
Sentiment:  positive
Materiality: 0.80
Item codes: 2.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Addus HomeCare completes $106M acquisition of Tennessee Quality Care
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1468328/000119312523200641/0001193125-23-200641-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1468328/000119312523200641/d467604d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-200641

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