Add-on Acquisition • Healthcare Services

ABP Acquisition Acquires AlerisLife

On February 3, 2023, ABP Acquisition acquired healthcare services company AlerisLife for 44M USD

Acquisition Context

This is ABP Acquisition’s 1st transaction in the Healthcare Services sector.
This is ABP Acquisition’s largest (disclosed) transaction.
This is ABP Acquisition’s 1st transaction in the United States.
This is ABP Acquisition’s 1st transaction in Massachusetts.

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M&A Deal Summary
Date	February 3, 2023
Target	AlerisLife
Sector	Healthcare Services
Buyer(s)	ABP Acquisition
Deal Type	Add-on Acquisition
Deal Value	44M USD
Advisor(s)	Citi (Financial) Ropes & Gray (Legal)

Target Company

AlerisLife

Newton, Massachusetts, United States

AlerisLife is a provider of senior living communities. AlerisLife was founded in 2001 and is based in Newton, Massachusetts.

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Buyer Overview 1

Buyer

ABP Acquisition

Newton, Massachusetts, United States

Category	Company
Sector	Real Estate

DESCRIPTION

ABP Acquisition is a holding company owned and controlled by Adam Portnoy the Chief Executive Officer of The RMR Group (Nasdaq: RMR). ABP Acquisition is based in Newton, Massachusetts.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Healthcare Services	1 of 1
Type: Add-on Acquisition	1 of 1
State: Massachusetts	1 of 1
Country: United States	1 of 1
Year: 2023	1 of 1
Size (of disclosed)	1 of 1

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