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.
- 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
Explore More
Related Acquisitions
-
Humana to Divest Minority Interest in Gentiva in Deal Valuing Interest at Approximately $900 Million
June 14, 2026
Healthcare Services
Humana entered into a definitive agreement to divest all or substantially all of its minority interest in Gentiva, an end-of-life care provider. The agreement values Humana’s minority stake at approximately $900 million, with proceeds intended for general corporate purposes; the transaction is expected to close in Q3 2026 subject to approvals.
-
Addus HomeCare Acquires Gentiva Personal Care Operations
December 2, 2024
Healthcare Services
Addus HomeCare completed its acquisition of Gentiva’s personal care operations for an anticipated purchase price of about $350 million (after adjustments). The deal expands Addus’ personal care market coverage across seven states and adds new markets including Texas and Missouri, with Gentiva’s personal care operations serving 16,000+ consumers/patients daily.
-
Gentiva Acquires ProMedica's Home Health, Palliative and Hospice Business
November 1, 2023
Healthcare Services
Gentiva completed its acquisition of ProMedica’s home health, palliative, and hospice business after receiving required regulatory approvals. The deal brings more than 4,000 ProMedica associates into Gentiva, expanding Gentiva’s hospice, palliative and home-health footprint and rebranding many locations under Gentiva/Heartland brands.
-
Humana Acquires Kindred at Home
August 17, 2021
Healthcare Services
Humana Inc. has acquired the remaining 60% interest in Kindred at Home from private equity sponsors TPG Capital and Welsh, Carson, Anderson & Stowe in an $8.1 billion enterprise-value transaction, making Humana the nation’s largest provider of care in the home. Kindred at Home operates home health, hospice and personal care services across ~40 states (serving ~550,000 patients annually and employing ~43,000 caregivers) and will be integrated into Humana’s Home Solutions/CenterWell home health platform to accelerate value-based, home-based clinical care.
-
Clayton, Dubilier & Rice Partners with Vera Whole Health
July 1, 2021
Healthcare Services
Clayton, Dubilier & Rice (CD&R) has entered into an investment partnership with Vera Whole Health to support Vera's expansion of its value-based, primary care-focused model. Terms were not disclosed; existing minority investors Transformation Capital and Archimedes Health Investors will remain as minority stakeholders while CD&R will support growth and board leadership changes.
-
Humana Acquires onehome
June 14, 2021
Healthcare Services
Humana Inc. has signed a definitive agreement to acquire onehome (One Homecare Solutions) from WayPoint Capital Partners, accelerating Humana's development of a value-based home health offering and complementing its Kindred at Home integration. onehome, headquartered in Miramar, Florida, provides home-based services including home health, infusion, and DME and has experience with risk-based contracting in Florida and Texas; financial terms were not disclosed.
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.