Kinderhook to Acquire Enhabit for $1.1B

Kinderhook Industries announced it will acquire Enhabit Home Health & Hospice for $1.1 billion, with closing expected in the second quarter of 2026. Enhabit operates 249 home health locations and 117 hospice locations across 34 states.

In late February, Enhabit entered into an amended and restated credit agreement with a February 2031 maturity that includes a $315.0 million senior secured term loan and a $160.0 million senior secured revolving credit facility. The transaction is presented as part of continued private equity activity in home care and hospice.