M&A Deal Summary |
|
|---|---|
| Date | 2024-11-28 |
| Target | Revera - Nine Long Term Care Homes |
| Sector | Consumer Services |
| Buyer(s) | Extendicare |
| Sellers(s) | Revera |
| Deal Type | Divestiture |
| Deal Value | 60M USD |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1968 |
| Sector | Healthcare Services |
| Employees | 24,000 |
| Revenue | 1.5B CAD (2024) |
Extendicare operates as an unincorporated, open-ended limited-purpose trust. Extendicare operates as a supplier of long-term care services in Canada to help relieve an overburdened hospital system. Extendicare was incorporated in 1968 and is headquartered in Markham, Canada.
| DEAL STATS | # |
|---|---|
| Overall | 10 of 10 |
| Sector: Consumer Services M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 6 of 6 |
| State: Ontario M&A | 2 of 2 |
| Country: Canada M&A | 6 of 6 |
| Year: 2024 M&A | 1 of 1 |
| Size (of disclosed) | 5 of 7 |
| 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 | - |
Revera owns and/or asset manages 91 senior living properties in North America. Revera was founded in 1961 and is based in Toronto, Ontario.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Consumer Services M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: Ontario M&A | 1 of 1 |
| Country: Canada M&A | 1 of 1 |
| Year: 2024 M&A | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
