M&A Deal Summary

ABP Acquisition Acquires AlerisLife

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

Acquisition Highlights
  • 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.

M&A Deal Summary
Date 2023-02-03
Target AlerisLife
Sector Healthcare Services
Buyer(s) ABP Acquisition
Deal Type Add-on Acquisition
Deal Value 44M USD
Advisor(s) Citigroup Investment Banking (Financial)
Ropes & Gray (Legal)

Target

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(S) 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 STATS #
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
Mergr

Product

Company

Legal