Addus Homecare Expands Footprint with Gentiva Acquisition

Addus Homecare (ADUS) has issued an announcement.

Addus HealthCare, Inc. has struck a deal to acquire the personal care operations of Curo Health Services, which operates under the name Gentiva, for a hefty $350 million cash payment. This significant move in the healthcare sector involves the acquisition of several subsidiaries and certain assets, with the transaction hinging on customary closing conditions, regulatory approvals, and antitrust clearance. The market is buzzing with the news as Addus HealthCare takes a decisive step to expand its footprint in the personal care business, reinforcing investor confidence with no financing contingencies or termination fees attached to the deal.

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