A National Footprint, A Private Future
Enhabit operates 249 home health locations and 117 hospice sites across 34 states, giving it a broad national reach in a sector increasingly viewed as central to the future of healthcare delivery. As hospitals shorten stays and patients seek care closer to home, companies like Enhabit sit at a crossroads of demand and demographic change.
Kinderhook signaled confidence not just in the numbers, but in the people behind them.
“We have long admired Enhabit’s leadership, patient-centric culture and strong market position in home-based care,” said Kinderhook Managing Director Chris Michalik. He noted the firm’s 20-year history of investing in industry-leading companies and partnering with experienced management teams, adding that Enhabit represents precisely the kind of organization Kinderhook aims to support.
Financing Secured, Closing Targeted for 2026
Kinderhook said it has lined up financing for the acquisition, securing a debt financing commitment letter from certain lenders as well as equity commitment letters from Kinderhook-advised funds.
After closing — expected in the second quarter of 2026 — Enhabit will continue operating under its existing name and brand. The transaction remains subject to shareholder approval and customary regulatory clearances.
