M&A Deal Summary

Centurion Foundation Acquires CharterCARE Health Partners

On February 3, 2025, Centurion Foundation acquired healthcare services company CharterCARE Health Partners from Prospect Medical Holdings

Acquisition Highlights
  • This is Centurion Foundation’s 1st transaction in the Healthcare Services sector.
  • This is Centurion Foundation’s 1st transaction in the United States.
  • This is Centurion Foundation’s 1st transaction in Rhode Island.

M&A Deal Summary

Date 2025-02-03
Target CharterCARE Health Partners
Sector Healthcare Services
Buyer(s) Centurion Foundation
Sellers(s) Prospect Medical Holdings
Deal Type Divestiture

Target

CharterCARE Health Partners

Providence, Rhode Island, United States
CharterCARE Health Partners is a developer of innovative regional coordinated health care network, anchored by Roger Williams Medical Center and Our Lady of Fatima Hospital. Their network includes the Roger Williams Cancer Center, Southern New England Rehabilitation Center, Elmhurst Extended Care, a home care services program and much more. CharterCARE Health Partners was founded in 2009 and is based in Providence, Rhode Island.

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Buyer(S) 1

Buyer

Centurion Foundation

Sainte-catherine-de-la-jacques-cart, Quebec, Canada

Category Company
Sector Real Estate
DESCRIPTION

Centurion Foundation is a nonprofit organization that provides real estate services to non-profit organizations, local governments, and higher education institutions. Centurion Foundation is based in Sainte-catherine-de-la-jacques-cart, Quebec.


DEAL STATS #
Overall 1 of 1
Sector (Healthcare Services) 1 of 1
Type (Divestiture) 1 of 1
State (Rhode Island) 1 of 1
Country (United States) 1 of 1
Year (2025) 1 of 1

Seller(S) 1

SELLER

Prospect Medical Holdings

Los Angeles, California, United States

Category Company
Founded 1993
Sector Healthcare Services
DESCRIPTION

Prospect Medical Holdings provides healthcare and physician services in Southern California, South Central Texas, Rhode Island, New Jersey, Connecticut, and Pennsylvania. Prospect’s hospitals are located in high-density population areas and maintain solid market positions in the areas they serve. Prospect Medical Holdings is based in Los Angeles, California.


DEAL STATS #
Overall 1 of 1
Sector (Healthcare Services) 1 of 1
Type (Divestiture) 1 of 1
State (Rhode Island) 1 of 1
Country (United States) 1 of 1
Year (2025) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-06 Medical Properties Trust - Three Connecticut Hospitals

Birmingham, Alabama, United States

Medical Properties Trust's Three Connecticut Hospitals is a provider of healthcare services.

Buy $457M