ExitValue.ai

ACQUIRED · 2022

Who Acquired Apple Home HealthCare?

Addus HomeCare Corporation · $12.7M· 7.7× EBITDA

The acquisition

Apple Home HealthCare (United States and Canada) was acquired by Addus HomeCare Corporation in 2022 for $12.7M. Apple Home Healthcare is a home healthcare agency that has been providing skilled nursing and rehabilitative therapy services to patients in the Chicago area for over 20 years. They partner with hospitals, physician groups, and geriatric care facilities to deliver full spectrum healthcare to help patients recover after surgery or an acute diagnosis comfortably in their homes. Their services include skilled nursing, physical therapy, occupational therapy, and speech therapy, which are rendered in. The deal was priced at 7.7× EBITDA / 1.00× revenue.

Apple Home HealthCare at time of acquisition

Revenue

$12.6M

EBITDA

$1.6M

Deal value

$12.7M

EV / EBITDA

7.7×

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Sourced from SEC filings and cost reports. Full deal page.

Citation: ExitValue.ai. (2022). Apple Home HealthCare acquired by Addus HomeCare Corporation. https://exitvalue.ai/acquired/apple-home-healthcare