Kindred Acquired by Humana, Private Equity Firms for $4.1 Billion
Posted on Thursday, December 21, 2017 1:40 PM
Kindred Healthcare announced today it had been acquired by Humana and Private Equity firms for $4.1 Billion.
“The deal separates Kindred’s hospital and rehabilitation business from its Kindred at Home branch, which operates home health care, hospice and community care locations. The home health, hospice and community-based care business will operate as a standalone company, with Humana owning 40% of the operations and TPG and WCAS owning the remaining 60%. Humana will have the right to acquire the remaining ownership interest over time.”
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