Can Addus HomeCare (ADUS) Compound Wealth at Scale?
Addus HomeCare (ADUS) agreed to acquire AccentCare's personal care division for $275M, adding $280M in annual revenue. The deal expands its footprint in 10 states. ADUS reported Q2 net service revenue of $377.4M, up 8.0%, and adjusted EBITDA of $49.2M, up 11.9%. The company plans to fund the acquisition through its revolver and cash on hand.


