M&A Deal Summary

Franciscan Sisters of Chicago Service Acquires The Village at Victory Lakes

On July 17, 2006, Franciscan Sisters of Chicago Service acquired healthcare services company The Village at Victory Lakes from Vista Health System

Acquisition Highlights
  • This is Franciscan Sisters of Chicago Service’s 1st transaction in the Healthcare Services sector.
  • This is Franciscan Sisters of Chicago Service’s 1st transaction in the United States.
  • This is Franciscan Sisters of Chicago Service’s 1st transaction in Illinois.

M&A Deal Summary

Date 2006-07-17
Target The Village at Victory Lakes
Sector Healthcare Services
Buyer(s) Franciscan Sisters of Chicago Service
Sellers(s) Vista Health System
Deal Type Add-on Acquisition

Target

The Village at Victory Lakes

Lindenhurst, Illinois, United States
The Village at Victory Lakes provides over 115 years of quality senior housing and compassionate health services.

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Buyer(S) 1

Buyer

Franciscan Sisters of Chicago Service

Homewood, Illinois, United States

Category Company
Founded 1988
Sector Healthcare Services
DESCRIPTION

Franciscan Sisters of Chicago Service Corp. provided compassionate care and community-based services for over 115 years and it offers senior housing facilities and healthcare services.


DEAL STATS #
Overall 1 of 1
Sector: Healthcare Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Illinois M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2006 M&A 1 of 1

Seller(S) 1

SELLER

Vista Health System

Waukegan, Illinois, United States

Category Company
Sector Healthcare Services
DESCRIPTION

Vista Health System is a community healthcare provider. Vista Health focus on bringing our patients current technology and surgical procedures, and more importantly, highly trained professionals.


DEAL STATS #
Overall 1 of 1
Sector: Healthcare Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Illinois M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2006 M&A 1 of 1