M&A Deal Summary

Covenant Health Acquires Bangor Nursing & Rehabilitation Center

On May 25, 2021, Covenant Health acquired healthcare services company Bangor Nursing & Rehabilitation Center

Acquisition Highlights
  • This is Covenant Health’s 1st transaction in the Healthcare Services sector.
  • This is Covenant Health’s 1st transaction in the United States.
  • This is Covenant Health’s 1st transaction in Maine.

M&A Deal Summary
Date 2021-05-25
Target Bangor Nursing & Rehabilitation Center
Sector Healthcare Services
Buyer(s) Covenant Health
Deal Type Add-on Acquisition

Target

Bangor Nursing & Rehabilitation Center

Bangor, Maine, United States
Bangor Nursing & Rehabilitation Center is a 60-bed, non-profit, licensed nursing home located in the University of Maine Augusta / Bangor Campus, adjacent to Bangor International Airport. Bangor Nursing & Rehabilitation Center is based in Bangor, Maine.

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Buyer(S) 1

Buyer

Covenant Health

Tewksbury, Massachusetts, United States
Category Company
Sector Healthcare Services
DESCRIPTION

Covenant Health is an innovative, Catholic regional health delivery network and a leader in values-based, not-for-profit health and eldercare. Covenant Health consists of hospitals, skilled nursing, and rehabilitation centers, assisted living and independent senior residences, and community-based health and elder care organizations throughout New England and in Pennsylvania. Covenant Health is based in Tewksbury, Massachusetts.

DEAL STATS #
Overall 1 of 1
Sector (Healthcare Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Maine) 1 of 1
Country (United States) 1 of 1
Year (2021) 1 of 1
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