Addus HomeCare to buy AccentCare personal care business for $275 million in cash
Addus HomeCare's subsidiary agreed on September 12, 2026 to acquire the personal care business of AccentCare outside New York for $275 million in cash, subject to adjustments. The company expects the deal to add about $280 million in annualized revenue, which it says would be roughly a 19% increase to its revenue base, and plans to fund it through its revolver and cash on hand. Closing depends on regulatory approvals and the Hart-Scott-Rodino waiting period, so shareholders will not see the deal's effect until it closes.
Key points
- Purchase price is $275 million in cash, subject to working capital and other customary adjustments.
- Company expects about $280 million in annualized personal care revenue, which its CEO describes as roughly a 19% increase to revenue.
- Acquired operations serve an average daily census of about 13,700 customers across a 10-state footprint.
- Closing requires regulatory approvals and the expiration of the HSR waiting period; the deal has no financing condition and no termination or reverse termination fee.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 6:56 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 14, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.