M&A Deal Summary

Pennant Acquires Capitol Hill Senior Living

On March 1, 2024, Pennant acquired consumer services company Capitol Hill Senior Living

Acquisition Highlights
  • This is Pennant’s 3rd transaction in the Consumer Services sector.
  • This is Pennant’s 15th transaction in the United States.
  • This is Pennant’s 2nd transaction in Utah.

M&A Deal Summary

Date 2024-03-01
Target Capitol Hill Senior Living
Sector Consumer Services
Buyer(s) Pennant
Deal Type Add-on Acquisition

Target

Capitol Hill Senior Living

Salt Lake City, Utah, United States
Capitol Hill Senior Living is a 113-unit assisted living and memory care community in Salt Lake City, Utah.

Search 202,137 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Pennant

Eagle, Idaho, United States

Category Company
Founded 2019
Sector Healthcare Services
Employees5,791
Revenue 545M USD (2023)
DESCRIPTION

Pennant is a holding company of independent operating subsidiaries that provide healthcare services through 64 home health and hospice agencies and 52 senior living communities located throughout Arizona, California, Colorado, Idaho, Iowa, Nevada, Oklahoma, Oregon, Texas, Utah, Washington, Wisconsin, and Wyoming. Each of these businesses is operated by a separate, independent operating subsidiary that has its own management, employees, and assets. Pennant was founded in 2019 and is based in Eagle, Idaho.


DEAL STATS #
Overall 15 of 18
Sector (Consumer Services) 3 of 4
Type (Add-on Acquisition) 15 of 17
State (Utah) 2 of 2
Country (United States) 15 of 18
Year (2024) 2 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-03-01 Southgate Senior Living

St. George, Utah, United States

Southgate Senior Living is a 75-unit assisted living and memory care community in St. George, Utah.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-05-01 Veranda Senior Living

Meridian, Idaho, United States

Veranda Senior Living is a 73 unit assisted living and memory care community. Veranda Senior Living is based in Meridian, Idaho.

Buy -