Addus HomeCare Corporation (Nasdaq: ADUS) to Acquire Personal Care Division of AccentCare

We represented Addus HomeCare Corporation (Nasdaq: ADUS), a provider of home care services that is headquartered in Dallas, Texas, in its definitive agreement to acquire the personal care division of AccentCare.

The transaction is valued at approximately $275 million and is expected to add approximately $280 million in annualized revenue to Addus. The acquisition expands Addus’ personal care platform across a 10-state footprint, strengthens its presence in key markets including Texas, Illinois, California, and Arizona, and further advances the company’s strategy of growing its scale and capabilities in home-based care.

The team was led by David Cox, Brian Sims and Lara Flatau and included corporate attorneys Dixon Babb, Delaney Durst, Alyx Thompson, Lyle McMillan and Jane Morrison; employee benefits attorneys Douglas Dahl and Kimia Movahed; healthcare attorneys Nesrin Tift and Tabitha Green; intellectual property attorneys Shelley Thomas and Chase Van Patten; labor and employment attorneys Lymari Cromwell and Brittany Roberts; antitrust attorneys Luke Smith and Ashleigh Karnell; tax attorneys Philip Lewis and Taylor Curtis; and real estate attorney Marisa Rouse.

“Bass, Berry & Sims is pleased to continue our long-standing relationship with Addus HomeCare Corporation in its acquisition of AccentCare’s Personal Care Division, a transaction that expands Addus’ personal care services and helps to achieve its strategic growth initiatives. We look forward to partnering with the Addus team to close the transaction,” said David Cox.

The transaction was highlighted in several media outlets, including:

We represented Addus HomeCare Corporation (Nasdaq: ADUS), a provider of home care services that is headquartered in Dallas, Texas, in its definitive agreement to acquire the personal care division of AccentCare.

The transaction is valued at approximately $275 million and is expected to add approximately $280 million in annualized revenue to Addus. The acquisition expands Addus’ personal care platform across a 10-state footprint, strengthens its presence in key markets including Texas, Illinois, California, and Arizona, and further advances the company’s strategy of growing its scale and capabilities in home-based care.

The team was led by David Cox, Brian Sims and Lara Flatau and included corporate attorneys Dixon Babb, Delaney Durst, Alyx Thompson, Lyle McMillan and Jane Morrison; employee benefits attorneys Douglas Dahl and Kimia Movahed; healthcare attorneys Nesrin Tift and Tabitha Green; intellectual property attorneys Shelley Thomas and Chase Van Patten; labor and employment attorneys Lymari Cromwell and Brittany Roberts; antitrust attorneys Luke Smith and Ashleigh Karnell; tax attorneys Philip Lewis and Taylor Curtis; and real estate attorney Marisa Rouse.

“Bass, Berry & Sims is pleased to continue our long-standing relationship with Addus HomeCare Corporation in its acquisition of AccentCare’s Personal Care Division, a transaction that expands Addus’ personal care services and helps to achieve its strategic growth initiatives. We look forward to partnering with the Addus team to close the transaction,” said David Cox.

The transaction was highlighted in several media outlets, including: