We represented Addus HomeCare Corporation (Nasdaq: ADUS) in its definitive agreement to acquire Ambercare for $40 million. The transaction is set to close in the second quarter of 2018.
Ambercare, an Albuquerque-based hospice and home health care company, serves 2,600 consumers through 15 locations across New Mexico.
Addus HomeCare, Inc. (Nasdaq: ADUS) is a leading in-home care service provider of quality supportive services for elderly and younger persons with disabilities. At September 30, 2017, Addus provided personal care services to approximately 35,000 consumers through 114 locations across 24 states.