Gentiva Acquisition & Valuation

Gentiva was acquired by Addus HomeCare for $350M in June 2024, a 1.3x multiple on $280M of revenue.

Gentiva acquisition price

$350M

Acquired by Addus HomeCare · Jun 2024

Gentiva revenue at acquisition

$280M

Last twelve months · Jun 2024

Gentiva revenue multiple at acquisition

1.3x

EV/Revenue · Jun 2024

Gentiva Overview

About Gentiva

Gentiva is an Atlanta-headquartered provider of hospice, palliative, and home health care services across 46 states. It operates over 1,400 locations delivering personalized care plans for patients with serious illnesses. Acquired by CenterWell Home Health in 2021, Gentiva emphasizes interdisciplinary teams including nurses, aides, and therapists for end-of-life support.


Founded

2010

HQ

United StatesAtlanta, GA

Status

Acquired

Customer focus

B2C

Revenue model

Services

Revenue

$280M (Jun 2024)

Valuation

$900M (Jun 2026)

Gentiva Acquisition

Gentiva was acquired by Addus HomeCare for $350M on 10 June 2024.

The acquisition price implies a 1.3x revenue multiple on $280M of revenue.

Addus HomeCare Corporation, a Nasdaq-listed home care provider based in Frisco, Texas, acquired the personal care operations of Gentiva for $350 million in a deal announced in June 2024 and completed in December 2024. Gentiva's personal care segment serves over 16,000 patients daily across seven states—Arizona, Arkansas, California, Missouri, North Carolina, Tennessee, and Texas—generating approximately $280 million in annual revenues. The acquisition aligns with Addus' strategy to build scale in existing markets while entering new markets with immediate significant presence; notably, the transaction positions Addus as the largest provider of personal care services in Texas and marks the company's entry into Missouri as a new market. Addus funded the $350 million acquisition through a combination of cash on hand from a recent public stock offering and its existing revolving credit facility, maintaining a leverage ratio below 3x. The deal is expected to be accretive to Addus' financial results, contributing approximately $280 million in annualized revenues. The company, which previously served over 48,500 consumers through 214 locations across 22 states, has integrated Gentiva's experienced operational leadership and caregivers over a six-month transition period. Addus' Chairman and CEO Dirk Allison stated the combined operations provide enhanced capacity to deliver cost-effective home-based care while supporting the company's continued acquisition strategy and growth initiatives through 2025 and beyond.

Gentiva acquisition details
AcquirerDateTypePriceEV/Revenue
10 Jun 2024Strategic M&A$350M1.3x

Gentiva Valuation

Gentiva is currently valued at $900M, based on its secondary sale in June 2026.

Gentiva valuation by funding round

Gentiva valuation by funding round
DateStageValuation
Jun 2026Secondary$900M

Gentiva Funding History

Gentiva has 1 recorded secondary share sale and no primary funding rounds.

Gentiva funding rounds

Gentiva funding rounds
DateStageRaisedValuationDeal Summary
Jun 2026Secondary$900M$900MHumana is divesting its 40% stake in Gentiva in a deal valued at $900 million, with closing expected in the third quarter of 2026 subject to regulatory approvals and customary closing conditions. The transaction continues a broader ownership transition for Gentiva and likely reflects Humana’s desire to monetize a non-core healthcare services investment. Gentiva operates in hospice, palliative, and home health care, and the deal is framed as a stake sale rather than an operating business sale. Gentiva provides palliative, hospice, and home health care. Publicly available results do not include revenue, EBITDA, employee count, or other operating KPIs for this transaction.

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Acquisitions by Gentiva

Gentiva has acquired 1 company to date.

Last acquisition by Gentiva was on February 27th 2023. Gentiva acquired ProMedica Hospice for $710M.


Latest Acquisitions by Gentiva

ProMedica Hospice
Description
ProMedica Hospice is a provider of end-of-life care services within the ProMedica network offering hospice palliative home health and skilled nursing. Operating in Ohio and Michigan it supports patients with memory care assisted living and acute interventions through dedicated facilities and professionals.
HQ CountryUnited States
HQ City
Toledo, OH
Deal Date27 Feb 2023
Valuation$710M
EV/Revenue
EV/EBITDA

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Gentiva Competitors

Gentiva competitors include listed companies like Propel Funeral Partners, CEWE Group, XPS Pensions Group and Regis Healthcare, and private ones like Vagaro and Squire.

Public and private companies comparable to Gentiva
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Propel Funeral PartnersAustraliaAustraliaPublicly listed$160M$38M$280M2.5x
CEWE GroupGermanyGermanyPublicly listed$1B$160M$835M0.9x
XPS Pensions GroupUnited KingdomUnited KingdomPublicly listed$353M$80M$819M2.5x
VagaroUnited StatesUnited StatesPrivate--$1B-
Regis HealthcareAustraliaAustraliaPublicly listed$961M$211M$1B0.9x
SquireUnited StatesNew York City, NYPrivate$15M-$750M50.0x
Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
CEWE Group$1B$160M0.8x0.9x5.3x5.3x
XPS Pensions Group$353M$80M2.6x2.5x11.3x8.7x
Regis Healthcare$961M$211M0.9x0.9x4.3x9.2x
Summerset Group Holdings$207M$111M21.0x14.9x39.1x27.2x
Oncology Institute$503M($43M)1.5x1.2x(17.4x)(21274.9x)
Ryman Healthcare$473M($33M)4.4x4.2x(63.9x)51.7x
CVS Group$904M$152M1.7x1.6x10.0x8.0x
Omada Health$260M($10M)3.8x3.1x(98.6x)48.5x

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Common questions about Gentiva

When was Gentiva founded?Gentiva was founded in 2010.
Where is Gentiva headquartered?Gentiva is headquartered in Atlanta, GA, United States.
Is Gentiva publicly listed?No, Gentiva was acquired by Addus HomeCare in June 2024.
Who acquired Gentiva?Gentiva was acquired by Addus HomeCare in June 2024.
How much was Gentiva acquired for?Gentiva was acquired for $350M in June 2024, a 1.3x revenue multiple.
What is Gentiva's valuation?Gentiva was last valued at $900M in its secondary sale in June 2026.
Which companies are comparable to Gentiva?Companies comparable to Gentiva include Propel Funeral Partners, CEWE Group, XPS Pensions Group, Vagaro, Regis Healthcare and Squire.
How many companies has Gentiva acquired?Gentiva has acquired 1 company, including ProMedica Hospice.
What was the largest acquisition by Gentiva?The $710M acquisition of ProMedica Hospice in February 2023 is the largest acquisition Gentiva has made to date.

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