Consumer Direct Holdings to Merge with DTRT Health Acquisition Corp to Become Consumer Direct Care Network

October 20, 2022

Consumer Direct Holdings, Inc. (CDH) entered into a definitive agreement to merge with DTRT Health Acquisition Corp. in a transaction expected to take CDH public and result in the combined company being named Consumer Direct Care Network, Inc., to be listed on Nasdaq. The deal provides growth capital to expand CDH’s in-home personal care footprint, with an implied enterprise value for CDH of about $681 million and expected closing in Q1 2023.

Buyers
DTRT Health Acquisition Corp., Grizzly New Pubco, Inc.
Targets
Consumer Direct Holdings, Inc.
Location
Montana, United States
Transaction Type
Buyout

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