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New Deal


Announced

Select Rehabilitation to acquire RehabCare business of Kindred Healthcare.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Domestic

United States

Friendly

Private

Health Care Services

Majority

rehabilitation

Acquisition

Pending

Single Bidder

Synopsis

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Select Rehabilitation, a provider of physical, occupational and speech therapy services, agreed to acquire RehabCare business of Kindred Healthcare, a healthcare services company based in Louisville, Kentucky. Financial terms were not disclosed. “Select’s exclusive focus on contract rehabilitation makes it an ideal partner to build upon RehabCare’s patient- and client-centric approach. Select shares many of our core values and is led by a senior management team whose number one priority is doing what is best for the patients entrusted to their care. Together, Select and RehabCare will be poised to enhance the quality and breadth of their services to customers and to bring new professional and growth opportunities for our RehabCare team members,” Benjamin A. Breier, Kindred President and Chief Executive Officer.

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