In $30 billion Medline Industries sale, Mills family retains biggest stake
By
Kathleen Steele Gaivin
Jun 08, 2021
The Mills family will retain at least a 20% interest in medical supply manufacturer and distributor Medline Industries following the company’s $30 billion-plus sale to a consortium of private equity...
Capitol Seniors Housing transforms shuttered New York hotel into upscale independent living community
By
Amy Novotney
Mar 19, 2021
Private equity-backed real estate acquisition, development and investment management firm Capitol Seniors Housing has opened an upscale independent living community for older adults on New York’s Long...
Aegis, Blue Moon launch second joint venture to acquire 10-community, $350M senior living portfolio from...
By
Amy Novotney
Jan 13, 2021
Aegis Living and senior housing private equity investor Blue Moon Capital Partners entered a second joint venture Tuesday with the acquisition of 10 communities across California, Washington and Nevada...
Seniors housing’s niche environment, long-term duration continues to hold PE interest: speakers
By
Amy Novotney
Sep 04, 2020
Despite recent challenges, many private equity firms continue to view seniors housing as a good long-term investment, according to panelists Thursday at a webinar hosted by Argentum.
SEC adopts rule allowing more investors access to private equity firms
By
Amy Novotney
Aug 27, 2020
The U.S. Securities and Exchange Commission voted Wednesday to adopt changes to its decades-old definition of a professional investor to allow more everyday Americans to buy shares in private companies....
Private equity firms halt dealmaking amid COVID-19
By
Amy Novotney
Mar 27, 2020
Many private equity firms are turning their attention away from mergers and acquisitions to focus on the needs of its current portfolio holdings amid the market’s uncertainty around the coronavirus pandemic,...
Former MatrixCare CEO partners with private equity firm to build $150 million software platform
Feb 06, 2020
Former Matrixcare CEO John Damgaard has partnered with Chicago-based John Waud Capital Partners to acquire companies and assets to build a healthcare information technology software platform, the private...
Capital Senior Living not interested in being acquired by TPG, report says
By
Lois A. Bowers
Jun 03, 2019
Private equity firm TPG has been pursuing Capital Senior Living as an acquisition target over the past several months, but the senior living operator is not interested, Bloomberg reported Friday.
Almost 40% of surveyed M&A executives are considering long-term care
By
Lois A. Bowers
Jul 03, 2018
The category of home health, long-term care and hospice services holds high interest for more than one-third of corporate or private equity executives planning to make an acquisition in the next 12 to...
Senior living referral service gets new owner
By
Lois A. Bowers
May 09, 2018
San Mateo, CA-based senior living referral service Caring.com has been acquired by private equity investors Caring Holdings, the website announced Tuesday.