Add-on Acquisition • Healthcare Services

AlerisLife Acquires Crimson Pointe

On May 1, 2011, AlerisLife acquired healthcare services company Crimson Pointe

Acquisition Context
  • This is AlerisLife’s 3rd transaction in the Healthcare Services sector.
  • This is AlerisLife’s 6th transaction in the United States.
  • This is AlerisLife’s 1st transaction in Illinois.

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M&A Deal Summary

Date May 1, 2011
Target Crimson Pointe
Sector Healthcare Services
Buyer(s) AlerisLife
Deal Type Add-on Acquisition
Advisor(s) Ziegler (Financial)

Target Company

Crimson Pointe

Rockford, Illinois, United States
Crimson Pointe is now one of 16 Five Star Senior Living communities in the Midwest Region, including the states of Illinois, Michigan, Wisconsin and Missouri.
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Buyer Overview 1

Buyer

AlerisLife

Newton, Massachusetts, United States

Category Company
Founded 2001
Sector Healthcare Services
Employees6,800
Revenue 935M USD (2021)
DESCRIPTION

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


Deal Context for Buyer #
Overall 6 of 6
Sector: Healthcare Services 3 of 3
Type: Add-on Acquisition 6 of 6
State: Illinois 1 of 1
Country: United States 6 of 6
Year: 2011 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-06-06 Heartland Pharmacy

Omaha, Nebraska, United States

Heartland Pharmacy is a provider of pharmaceutical services.

Buy -