M&A Deal Summary

AlerisLife Acquires LTA Holdings

On November 19, 2004, AlerisLife acquired healthcare services company LTA Holdings for 211M USD

Acquisition Highlights
  • This is AlerisLife’s 2nd transaction in the Healthcare Services sector.
  • This is AlerisLife’s 2nd largest (disclosed) transaction.
  • This is AlerisLife’s 4th transaction in the United States.
  • This is AlerisLife’s 2nd transaction in Tennessee.

M&A Deal Summary
Date 2004-11-19
Target LTA Holdings
Sector Healthcare Services
Buyer(s) AlerisLife
Deal Type Add-on Acquisition
Deal Value 211M USD

Target

LTA Holdings

Nashville, Tennessee, United States
LTA Holdings, Inc. engages in the ownership and operation of independent and assisted living communities in the southeastern United States.

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Buyer(S) 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 STATS #
Overall 4 of 6
Sector (Healthcare Services) 2 of 3
Type (Add-on Acquisition) 4 of 6
State (Tennessee) 2 of 2
Country (United States) 4 of 6
Year (2004) 2 of 2
Size (of disclosed) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-11-11 LifeTrust America

Nashville, Tennessee, United States

LifeTrust America is a senior living operating company, which owns, leases and operates 47 assisted living communities with 2,636 units which offer independent living apartments and assisted living accommodations, including specialized care for Alzheimer residents, throughout the Southeast. In addition, LTA manages 12 assisted living facilities for third- party owners.

Buy $211M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-06-06 Heartland Pharmacy

Omaha, Nebraska, United States

Heartland Pharmacy is a provider of pharmaceutical services.

Buy -
Mergr

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