Reginal Thomas
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Onex Looking To Sell ResCare

Home care service provider, ResCare, is exploring a sale that could bring in over $1 billion. The company is currently owned by Canadian based private equity firm Onex Corp, who is working with investment banks Goldman Sachs Group and Jefferies on the sale. In 2013 ResCare posted revenue of $1.6 billion, the company employs 45,000 people and operates in 43 states. Onex took ReCare private in 2010 for $380 million.