Addus Homecare Sets IPO Terms

Addus Homecare Corp., a Palatine, Ill.-based provider of social and medical services in the home, has set its IPO terms to five million common shares being offered at between $11 and $13 per share. It would have an initial market cap of approximately $131 million, were it to price at the high end of its range. The company plans to trade on the Nasdaq under ticker symbol ADUS, with Robert W. Baird is serving as co-underwriters. Eos Partners is the company’s majority shareholder, with a 78.9% pre-IPO position.