Onex has submitted a take-private proposal to ResCare (NASDAQ: RSCR). The firm, which already owns a minority stake in the company from 2004, intends to acquire the company for $12.60 per share of common stock. Onex plans to finance the transaction with debt equal to no more than 3.5x EBITDA. ResCare has retained Goldman Sachs and Frost Brown Todd to advise it on the offer. ResCare provides residential, therapeutic, job training and educational support services for people with disabilities and special needs.