Industry Note:
Private Duty Chain Addus Makes Major Acquisition
Published on Fri Apr 06, 2018
Private duty chain Addus HomeCare Corp. has purchased the assets of Arcadia Home Care & Staffing, headquartered in Southfield, Michigan, for $18.5 million, the Frisco, Texas-based company says in a release. Arcadia had revenues for 2017 of $47.4 million and provides home care services to about 2,300 consumers through 26 offices in 10 states, Addus says. The transaction expands Addus [...]