8-KAccepted Sep 14, 5:05 PM ET
Addus HomeCare Announces $275M Acquisition of AccentCare Business
Accepted (ET)
5:05 PM
Sep 14, 2026
Filed
Sep 14, 2026
Documents
15
Size
1.2 MB
Summary
Addus HomeCare Announces $275M Acquisition of AccentCare Business
What Happened
- Addus HomeCare Corporation (through its wholly owned subsidiary Addus HealthCare, Inc.) announced on Sept. 12, 2026 that it entered into an Equity and Asset Purchase Agreement to buy AccentCare, Inc.’s personal care and community care business outside New York. The company issued a press release on Sept. 14, 2026 announcing the deal.
Key Details
- Purchase price: $275,000,000 in cash, subject to customary working capital and other adjustments.
- Scope: acquisition of the personal/community care business outside New York, including all equity of multiple operating entities (e.g., Guardian Georgia, Guardian Tennessee, AccentCare California, AccentCare Washington, others) and certain assets/liabilities of AccentCare Home Health of Mountain Valley, LLC.
- Conditions and protections: closing is subject to accuracy of reps & warranties, covenants, required regulatory approvals and expiration of the Hart-Scott-Rodino waiting period. Seller provided customary reps & warranties; Addus has bound a representations & warranties insurance policy.
- Deal mechanics: consummation is not conditioned on financing, and there is no termination or reverse termination fee under the agreement.
Why It Matters
- This transaction expands Addus’s home- and community-based care footprint across multiple states (outside NY) and could increase scale and service capacity if completed and integrated. For investors, key near-term items to watch are regulatory clearances (including HSR), the final purchase price adjustments at closing, and how Addus integrates the acquired operations and realizes any expected cost or revenue synergies.