M&A Deal Summary

Addus Acquires Apple Home Healthcare

On October 1, 2022, Addus acquired healthcare services company Apple Home Healthcare

Acquisition Highlights
  • This is Addus’ 12th transaction in the Healthcare Services sector.
  • This is Addus’ 13th transaction in the United States.
  • This is Addus’ 2nd transaction in Illinois.

M&A Deal Summary

Date 2022-10-01
Target Apple Home Healthcare
Sector Healthcare Services
Buyer(s) Addus
Deal Type Add-on Acquisition

Target

Apple Home Healthcare

Chicago, Illinois, United States
Apple Home Healthcare provides individualized personal skilled homecare for seniors at home, in retirement communities, assisted living communities, and nursing homes. Apple Home Healthcare was founded in 1993 and is based in Chicago, Illinois.

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Buyer(S) 1

Buyer

Addus

Frisco, Texas, United States

Category Company
Founded 1979
Sector Healthcare Services
Employees6,284
Revenue 1.1B USD (2023)
DESCRIPTION

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 incorporated in 1979 and is based in Frisco, Texas.


DEAL STATS #
Overall 13 of 14
Sector (Healthcare Services) 12 of 13
Type (Add-on Acquisition) 12 of 13
State (Illinois) 2 of 2
Country (United States) 13 of 14
Year (2022) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-02-02 JourneyCare

Glenview, Illinois, United States

JourneyCare is a nonprofit, community-based organization that provides care and support to families living with serious illnesses. The Company serves an average daily adult census of approximately 750 patients in a surrounding 13 county territory. JourneyCare was founded in 1978 and is based in Glenview, Illinois.

Buy $85M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-06-29 Tennessee Quality Care

Franklin, Tennessee, United States

Tennessee Quality Care is a provider of home health, hospice, and private duty nursing services. Tennessee Quality Care is based in Franklin, Tennessee.

Buy -