Hospice Provider Addus Purchases SunLife HomeCare

Addus HomeCare Corporation (NASDAQ: ADUS) has acquired personal care provider SunLife HomeCare in Tucson, Ariz., for an undisclosed amount. SunLife brings in annualized revenues of $2.6 million. Expansion has been a priority for Addus as the company seeks to build a home health and hospice footprint that matches its personal care operations, its largest business […]

[UPDATED]Addus Purchases PE-Backed Queen City Hospice for $192 Million

Addus HomeCare Corporation (NASDAQ: ADUS) has entered into a definitive agreement to acquire Queen City Hospice, LLC, and its affiliate Miracle City Hospice, for a cash purchase price of $192.0 million. Queen City is a portfolio company of the private equity firm Stonehenge Partners. The purchase price includes $162.8 million of value, net of the […]

Queen City Hospice Expands to Cleveland Via Acquisition´╗┐

Cincinnati-based Queen City Hospice has agreed to acquire an unnamed hospice provider in Cleveland that will do business as Miracle City Hospice. The transaction is part of an aggressive growth strategy to nearly double the Queen City footprint. Financial terms were undisclosed. Queen City Hospice is a portfolio company of the private-equity firm Stonehenge Partners […]

Queen City Hospice Pursues Rapid Expansion

Queen City Hospice in Ohio has aggressive plans to expand its operations in its home state and beyond by growing the service area of its current locations, de novos and possible forthcoming acquisitions. Queen City Hospice is a portfolio company of Stonehenge Partners Inc. The company is also affiliated with Capital City Hospice and Day […]