Mergers & Acquisitions:
For-Profit Chain Buys 85-Year Old Chicago Nonprofit Hospice
Published on Fri Jan 21, 2022
Private equity-backed deals continue across the country. While predictions that the hospice mergers and acquisitions market will slow down this year abound, January has started off with a bang with Addus HomeCare’s announced acquisition of a large Illinois nonprofit hospice. Frisco, Texas-based Addus HomeCare Corp. plans to pay $85 million for Glenview-based JourneyCare Inc., the companies say in a joint [...]