Fried Frank is advising Goldman Sachs & Co. LLC as exclusive financial advisor to Enhabit, Inc., a leading national home health and hospice provider, on its agreement to be acquired by Kinderhook Industries, LLC, a middle market private equity firm, in an all-cash transaction for a total enterprise value of approximately $1.1 billion. Upon completion of the transaction, the Company's common stock will no longer be listed on the New York Stock Exchange, and Enhabit will become a private company. Enhabit will continue operating under the Enhabit name and brand following the close of the transaction. For more on the transaction, read the Enhabit's press release.

This transaction is a continuation of Fried Frank's work advising Goldman Sachs as financial advisor on high-value deals, which includes the firm previously advising Goldman Sachs as financial advisor to Cidara on its agreement to be acquired by Merck and Hologic, Inc. on its agreement to be acquired by funds managed by Blackstone and TPG.

The Fried Frank team is led by M&A and private equity partner Roy Tannenbaum and includes M&A and private equity associate Ryan T. Fung.

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