Enhabit to go private in $1.1 billion deal with Kinderhook

SelfRugger · 2026-03-01T14:26:50+00:00

Enhabit will be acquired by Kinderhook Industries for $1.1 billion, offering shareholders $13.80 per share, a 24% premium. The deal is expected to close in Q2 2026, resulting in Enhabit's delisting from the NYSE.

SelfRugger

2026-03-01 14:26:50

Abstract generation in progress

Enhabit to go private in $1.1 billion deal with Kinderhook

Reuters

Mon, February 23, 2026 at 10:18 p.m. GMT+9 1 min read

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EHAB

-0.98%

Feb 23 (Reuters) - Enhabit said on Monday private ‌equity firm Kinderhook ‌Industries has agreed to buy the home health services provider and take it private in a deal ‌worth about $1.1 ⁠billion.

Shares of Enhabit jumped 21% before ⁠the bell.

Under the deal, Enhabit shareholders will receive $13.80 per share in cash, a ‌premium of about 24% to the company’s last closing price.

The deal is expected to close ‌in the second quarter of 2026. Enhabit said its ‌shares will be delisted from the New York Stock Exchange when the transaction ‌closes.

(Reporting by Kamal Choudhury in Bengaluru; Editing by Leroy Leo)

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