Addus HomeCare (ADUS) Acquisition presentation summary

Transaction overview

• Acquisition of AccentCare's personal care operations (excluding New York) for approximately $275 million in cash, subject to customary adjustments.

• Expands personal care operations in 8 states, with significant growth in Texas, Illinois, California, and Arizona, and smaller operations in Tennessee, Washington, Pennsylvania, and Georgia.

• Adds new private pay operations in Colorado and Minnesota, broadening the service footprint.

• Expected to be accretive to EPS and increases revenue base by about 19%, with meaningful EBITDA expansion.

• Strengthens position as a leading, diversified home care platform with an additional $280 million in annualized revenue.

Strategic rationale and growth opportunities

• Enhances scale and financial profile, supporting further growth and margin improvement under experienced management.

• Expands opportunities in value-based care through increased personal care services.

• Provides a significant opportunity to expand in Texas, a key market for value-based care partnerships.

• Broadens exposure to personal care, reinforcing leadership in the home care sector.

AccentCare PCS business profile

• Operates in approximately 10 states with around 69 branches and 12 million billable hours.

• Major presence in Texas, Illinois, California, and Arizona, with additional operations in Tennessee, Washington, Pennsylvania, Georgia, Minnesota, and Colorado.

• Offers services including bathing, hygiene, post-hospital care, housekeeping, meal preparation, memory care, companionship, and caregiver respite.