Stonehenge Partners-backed Addus HomeCare completed the acquisition of Queen City Hospice and Miracle City Hospice from Stonehenge Partners for $192m.

Stonehenge Partners-backed Addus HomeCare, a provider of home care services, completed the acquisition of hospice services providers Queen City Hospice and Miracle City Hospice, from Stonehenge Partners, a private equity firm, for $192m. "This acquisition further advances our strategy of providing hospice and home health care in markets where we already have a significant personal care presence. We share a common culture focused on compassionate, patient-centered care, and we look forward to a smooth integration of our operations. Importantly, we expect this transaction to be immediately accretive to our financial results," Dirk Allison, Addus HomeCare President and Chief Executive Officer.