We represented Addus HomeCare Corporation (NASDAQ: ADUS) in its sale of three adult day care centers in Illinois to Active Day. The transaction closed March 2017 and terms were not publicly disclosed.
Active Day/Senior Care Centers of America is the premier provider of adult day health services in the U.S. with a total of 82 centers in 12 states as of March 7, 2017. In addition, the Company operates seven home care branches.
Addus HomeCare is one of the nation’s largest providers of personal home care and support services. As of December 31, 2016, Addus provided personal care services to over 33,000 consumers through 114 locations across 24 states