Addus - M&A Summary and Business Overview

Healthcare ServicesCompany

Addus M&A Summary

Addus has acquired 14 companies, including 7 in the last 5 years. A total of 2 acquisitions came from private equity firms. It has also divested 3 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%).

Addus Business Overview

Where is Addus headquartered?

Addus is headquartered in Frisco, Texas.

What is Addus’ revenue?

Addus disclosed revenue of 1,154M USD for 2024 and 1,059M USD for 2023.

How many employees does Addus have?

Addus has 6,165 employees.

What sector is Addus in?

Addus is a healthcare services company.

When was Addus founded?

Addus was founded in 1979.

M&A Summary

  • M&A Total Activity17
    • M&A Buy Activity14
    • M&A Sell Activity3
  • Total Sectors Invested 2
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 6
  • M&A Advisors 3

Addus

Addus HomeCare Corp.

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 incorporated in 1979 and is based in Frisco, Texas.


M&A Summary

Buy vs Sell

Year ≤ '20 '21 '22 '23 '24 '25 T
Buy (1.0/yr) # 9 2 2 1 - - 14
vol $341M $29M $85M $455M
Sell (0.2/yr) # 2 - - - 1 - 3
  17

Most Recent M&A

Company Date Value Type
Addus HomeCare - Personal Care Operations 2024-05-21 - Divestiture
, New York
Tennessee Quality Care 2023-06-29 - Add-on Acquisition
Franklin, Tennessee · www.tnquality.com
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
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Healthcare Services 13 (93%) 436M (96%) 3 (100%) -
Business Services 1 (7%) 19M (4%) - -
Total 14 $455M 3 -

By Geo

State/Country Buy Value Sell Value
United States 14 455M 3 -
  Illinois 2 85M 2 -
  New Mexico 3 29M - -
  New York 2 - 1 -
  Tennessee 2 - - -
  Montana 1 - - -
  Michigan 1 19M - -
  Alabama 1 130M - -
  South Carolina 1 - - -
  Ohio 1 192M - -
Total 14 $455M 3 -

Top M&A Advisors

Financial Deals
Raymond James - Investment Banking
3
The Braff Group
1
Legal Deals
Bass, Berry & Sims
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)
14%
2 (14%)
Strategic(s)
7%
1 (7%)
Divested to
Strategic(s)
100%
3 (100%)

 Subscribe to unlock this and 215,016
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More

What's Mergr?

Mergr is a user-friendly database designed to simplify the complex world of private equity and M&A for busy professionals.

We created Mergr to eliminate the challenge of tracking company acquisitions, sales, and ownership, providing clear insights into investment firms and their activities. For example, explore a company's M&A activity, ownership history, and connections - organized to help you uncover opportunities and make informed decisions.

With Mergr, gain access to a comprehensive, interconnected web of transactions, investors, companies, and advisors - all in one place.

Mergr, the Easiest-to-Use PE and M&A DB


Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.7K Private Equity Firms
  • 208K M&A Transactions
  • 210K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.7K M&A Advisors
    (Investment Banks and Law Firms)
  • 81K M&A Contacts
    (PE and M&A Advisors)

What next?

Get Full Access

Full access to Mergr's investor, acquirer, and transaction data starts here.

Related Lists for Addus

Healthcare Services Companies