M&A Deal Summary |
|
|---|---|
| Date | 2015-12-02 |
| Target | Harvest Retirement Community |
| Sector | Healthcare Services |
| Buyer(s) | Extendicare |
| Sellers(s) |
BayBridge Seniors Housing
Nautical Lands Group |
| Deal Type | Divestiture |
| Deal Value | 28M USD |
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| Category | Company |
|---|---|
| Founded | 1968 |
| Sector | Healthcare Services |
| Employees | 23,000 |
| Revenue | 1.3B CAD (2023) |
Extendicare Real Estate Investment Trust operates as an unincorporated, open-ended limited purpose trust. It operate as a supplier of long-term care services in Canada with an aim of helping to relieve an overburdened hospital system. Extendicare was incorporated in 1968 and is headquartered in Markham, Canada.
| DEAL STATS | # |
|---|---|
| Overall | 7 of 10 |
| Sector (Healthcare Services) | 7 of 9 |
| Type (Divestiture) | 3 of 6 |
| State (Ontario) | 1 of 2 |
| Country (Canada) | 3 of 6 |
| Year (2015) | 3 of 3 |
| Size (of disclosed) | 6 of 7 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-10-01 |
Empire Crossing Retirement Community
Canada Empire Crossing Retirement Community is a newly-built 64 suite independent and assisted living community filling up well in accordance with projections. The property also comes with excess land, providing the option to double the size of the retirement community in the future contingent on market demand. |
Buy | $20M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-02-23 |
West Park Crossing Retirement Community
Moose Jaw, Saskatchewan, Canada West Park Crossing Retirement Community with 158 suites. The properties are newly built 79-suite communities offering independent, enhanced and memory care services. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 2010 |
| Sector | Healthcare Services |
BayBridge Seniors Housing, Inc. is a provider of the best possible service for residents and their families. Company offer specialized services to suit a variety of needs and friendly, diligent staff work hard to create nourishing environments and relationships that allow residents to live in safety and happiness. Healthy, happy living is primary concern and company offer a wide array of services to insure the best possible experience.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Healthcare Services) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (Ontario) | 1 of 1 |
| Country (Canada) | 1 of 1 |
| Year (2015) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-09-02 |
Amica Senior Lifestyles
Toronto, Ontario, Canada Amica Senior Lifestyles is a provider of premium, private-pay retirement residences. With beautifully designed retirement residences, seniors at Amica are empowered to live with freedom, optimism and peace of mind. Amica Senior Lifestyles is based in Toronto, Ontario. |
Buy | - |
Nautical Lands Group is a premier owner, builder and operator of spacious apartment-style retirement residences and suites throughout Ontario. Company offers various health and wellness programs, fitness options and activities, and food and hospitality services.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector (Healthcare Services) | 2 of 2 |
| Type (Divestiture) | 2 of 2 |
| State (Ontario) | 1 of 1 |
| Country (Canada) | 2 of 2 |
| Year (2015) | 2 of 2 |
| Size (of disclosed) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-10-01 |
Empire Crossing Retirement Community
Canada Empire Crossing Retirement Community is a newly-built 64 suite independent and assisted living community filling up well in accordance with projections. The property also comes with excess land, providing the option to double the size of the retirement community in the future contingent on market demand. |
Sell | $20M |
