M&A
confidence high
sentiment neutral
materiality 0.90
Addus HomeCare subsidiary signs agreement to acquire assets from Curo Health Services (Gentiva)
Addus HomeCare Corp
- Agreement covers purchase of equity interests in IntegraCare, NP Plus, Girling Knoxville, and Girling Texas
- Purchase price is enterprise value plus cash minus debt and adjusted for net working capital and transaction expenses
- Closing expected at least 75 days after June 8, 2024, subject to conditions
- Addus filed the Stock and Asset Purchase Agreement as an exhibit to Form 8-K/A
- Transaction includes assumption of certain liabilities and retention of excluded liabilities by seller