ExitValue.ai

M&A TRANSACTION · 2022

Apple Home HealthCare acquired by Addus HomeCare Corporation

$12.7M· 7.7x EBITDA· 1.00x revenue

Target

Apple Home HealthCare

United States and Canada

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

Acquirer

Addus HomeCare Corporation

Strategic buyer

Disclosed financials at time of acquisition

Revenue

$12.6M

EBITDA

$1.6M

Deal Value

$12.7M

EV/EBITDA

7.7x

Context

This $12.7M acquisition of Apple Home HealthCare by Addus HomeCare Corporation sits in the home health sub-vertical. The 7.7x EBITDA multiple paid in 2022 can be compared against the population median for home health transactions of similar size on our Home Health valuation hub. Addus HomeCare Corporation is acquiring as a strategic buyer; see how strategic acquirers typically price home health businesses on our Home Health strategic buyer-pool page.

Source

Data sourced from SEC filings and cost reports. All figures reflect disclosed values at the time of the acquisition; no estimated or imputed data. Methodology

Value your own home health

Get an instant valuation range for your business. Backed by 25,592 real M&A transactions.

Compare your business to the Apple Home HealthCare acquisition.

Citation: ExitValue.ai. (2022). Apple Home HealthCare acquired by Addus HomeCare Corporation. https://exitvalue.ai/deals/apple-home-healthcare-acquired-by-addus-homecare-corporation-hc-2022-0059