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Addus HomeCare starts common stock offering


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Addus HomeCare starts common stock offering

Frisco, Texas-based Addus HomeCare Corp. initiated a public offering of 1,075,267 common shares.

The home care services provider will grant underwriters an option to buy up to 315,000 additional shares.

EOS Capital Partners III is selling 1,024,733 Addus common shares. Addus will not receive proceeds from EOS Capital's sale.

Jefferies LLC, RBC Capital Markets LLC and Raymond James & Associates Inc. are acting as joint book-running managers for the offering, with Robert W. Baird & Co. Inc., Oppenheimer & Co. Inc. and Stephens Inc. as co-managers.

Addus Homecare is focused on providing personal care, hospice and home health services.