Addus HomeCare Corporation (Nasdaq: ADUS), a provider of home care services, announces it has completed the acquisition of the personal care operations of Gentiva, which serve over 16,000 consumers per day in a seven-state service area of Arizona, Arkansas, California, Missouri, North Carolina, Tennessee and Texas. Addus funded the acquisition through a combination of cash on hand representing a portion of the proceeds of the Company’s recent public offering of common stock and its existing revolving credit facility.
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Source: https://www.businesswire.com/news/home/20241202586979/en/Addus-HomeCare-Completes-Acquisition-of-Personal-Care-Operations-of-Gentiva