About This Deal

Encompass Health Corporation acquired Alacare Home Health & Hospice for $217.8 million, a transaction announced in July 2019.

Acquired substantially all assets of Birmingham, Alabama-based Alacare (23 home-health and 23 hospice locations; ~$117M 2018 revenue), deepening Encompass Health's home-health-and-hospice presence in Alabama. Announced 2019-04-01; the FY2019 10-K reports total consideration of ~$217.8 million for the July 2019 acquisition.

Acquired substantially all assets of Birmingham, Alabama-based Alacare (23 home-health and 23 hospice locations; ~$117M 2018 revenue), deepening Encompass Health's home-health-and-hospice presence in Alabama. Announced 2019-04-01; the FY2019 10-K reports total consideration of ~$217.8 million for the July 2019 acquisition.

Deal Terms

Acquirer
Encompass Health Corporation
Target
Alacare Home Health & Hospice
Value
$217.8 million
Date
July 2019
Type
Full acquisition
Status
Completed

Transaction Details

Announced
July 1, 2019

In Their Words

Over the past 50 years, Alacare has built a remarkable legacy of providing exceptional home-based care for patients across Alabama. Encompass Health is committed to upholding and building upon that legacy and is pleased to welcome Alacare's employees and patients to our company.

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

See how Top Bucket AI works for your firm

Request Demo
Top Bucket AI Research

Stay ahead of private markets

Research and market intelligence for private-markets professionals.

✓

You're subscribed.

Thanks for signing up.