CD&R Acquires Majority Stake in Humana's Kindred at Home Hospice and Personal Care Divisions (Gentiva)
April 21, 2022
Clayton, Dubilier & Rice (CD&R) agreed to acquire a 60% interest in the Hospice and Personal Care divisions of Humana’s Kindred at Home, receiving approximately $2.8 billion in cash and valuing the divisions at about $3.4 billion. The carved‑out businesses were restructured into a standalone company rebranded as Gentiva, with Humana retaining a 40% minority stake and David Causby continuing as CEO; the deal closed in 2022 and remains subject to customary approvals noted at signing.
- Buyers
- Clayton, Dubilier & Rice (CD&R)
- Targets
- Kindred at Home Hospice and Personal Care divisions (restructured and rebranded as Gentiva)
- Sellers
- Humana Inc.
- Industry
- Healthcare Services
- Location
- Georgia, United States
- Transaction Type
- Divestiture
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