M&A - Enhabit, Inc.
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Form Type: 8-K
Filing Date: 2025-03-21
Corporate Action: Acquisition
Type: New
Accession Number: 000180373725000068
Filing Summary: On March 19, 2025, Enhabit, Inc. reported its involvement in the acquisition of Medalogix, LLC by Forcura in a private equity-backed transaction. Enhabit, which held an investment interest in Medalogix since 2019, sold its stake for approximately $21 million. The proceeds from this transaction are expected to be primarily used to reduce the company's debt under its credit agreement.
Document Link: View Document
Additional details:
Investment Interest: Medalogix, LLC
Transaction Type: private equity-backed
Sale Price: approximately $21 million
Proceeds Use: reduce debt under credit agreement
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