Addus Mergers and Acquisitions Summary

Healthcare ServicesCompany

Addus has acquired 13 companies, including 8 in the last 5 years. A total of 2 acquisitions came from private equity firms. It has also divested 2 assets.

Addus’ largest acquisition to date was in 2020, when it acquired Queen City Hospice for $192M. Addus has acquired in 9 different US states. The Company’s most targeted sectors include healthcare services (93%) and business services (8%).

Join Mergr and gain access to Addus’ M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the healthcare services sector.

M&A Summary

  • M&A Total Activity15
    • M&A Buy Activity13
    • M&A Sell Activity2
  • Total Sectors Invested 2
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 5
  • M&A Advisors 3

Addus

Addus HomeCare, Inc.

6303 Cowboys Way Suite 600,
Frisco, Texas 75034
United States,
(469) 535-8200
www.addus.com

Addus is a comprehensive provider of home and community based services, which are primarily social in nature, are provided in the home, and are focused on the Dual Eligible population. Addus was founded in 1979 and is based in Frisco, Texas.


M&A Summary

Buy vs Sell

Year ≤ '18 '19 '20 '21 '22 '23 T
Buy (1.4/yr) # 6 1 2 2 2 - 13
vol $19M $130M $192M $29M $85M $455M
Sell (0.0/yr) # 2 - - - - - 2
  15

Most Recent M&A

Company Date Value Type
Apple Home Healthcare Ltd. 2022-10-01 - Add-on Acquisition
Chicago, Illinois · www.applehomehealthcare.com
JourneyCare, Inc. 2022-02-02 85M USD Add-on Acquisition
Glenview, Illinois · www.journeycare.org
Summit Home Health LLC 2021-10-04 - Add-on Acquisition
Bolingbrook, New York · www.trustsummit.com
Armada Skilled Homecare Services 2021-07-13 29M USD Add-on Acquisition
Albuquerque, New Mexico · www.armadahh.com
Queen City Hospice LLC 2020-11-11 192M USD Add-on Acquisition
Mason, Ohio · www.queencityhospice.com
A Plus Health Care, Inc. 2020-07-01 - Add-on Acquisition
Kalispell, Montana · www.aplushc.com
Hospice Partners of America LLC 2019-08-26 130M USD Add-on Acquisition
Birmingham, Alabama
Arcadia Home Care & Staffing 2018-04-02 19M USD Add-on Acquisition
Southfield, Michigan · www.arcadiahomecare.com
Options Home Care 2017-05-04 - Add-on Acquisition
Roswell, New Mexico · www.optionshomecare.com
Addus HomeCare, Inc. - Three Centers 2017-03-08 - Divestiture
Downers Grove, Illinois
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Healthcare Services 12 (92%) 436M (96%) 2 (100%) -
Business Services 1 (8%) 19M (4%) - -
Total 13 $455M 2 -

By Geo

State/Country Buy Value Sell Value
United States 13 455M 2 -
  Illinois 2 85M 2 -
  New Mexico 3 29M - -
  New York 2 - - -
  Tennessee 1 - - -
  South Carolina 1 - - -
  Ohio 1 192M - -
  Montana 1 - - -
  Michigan 1 19M - -
  Alabama 1 130M - -
Total 13 $455M 2 -

Top M&A Advisors

Financial Deals
Raymond James - Investment Banking
2
The Braff Group
1
Legal Deals
Bass, Berry & Sims PLC
1

Deal Values

buy # Total
$100M to $1B 2 $322M
< $100M 3 $133M
TOTAL $455M
Largest Queen City Hospice LLC
$192M (2020-11-11)

M&A Connections

Deals
Acquired from
Investor(s)
15%
2 (15%)
Strategic(s)
8%
1 (8%)
Divested to
Strategic(s)
100%
2 (100%)

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