M&A Deal Summary

Pennant Acquires Twin Rivers Senior Living

On November 1, 2025, Pennant acquired consumer services company Twin Rivers Senior Living

Acquisition Highlights
  • This is Pennant’s 5th transaction in the Consumer Services sector.
  • This is Pennant’s 21st transaction in the United States.
  • This is Pennant’s 6th transaction in Texas.

M&A Deal Summary

Date 2025-11-01
Target Twin Rivers Senior Living
Sector Consumer Services
Buyer(s) Pennant
Deal Type Add-on Acquisition

Target

Twin Rivers Senior Living

Richardson, Texas, United States
Twin Rivers Senior Living operates an independent-living community for active adults aged 55 and older. Twin Rivers Senior Living offers one- and two-bedroom residences with amenities such as a pool, fitness centre, salon, café, dog park, and social activities, providing maintenance-free living in a residential setting. Twin Rivers Senior Living was established in 2009 and is headquartered in Richardson, Texas.

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Buyer(S) 1

Buyer

Pennant

Eagle, Idaho, United States

Category Company
Founded 2019
Sector Healthcare Services
Employees7,000
Revenue 695M USD (2024)
DESCRIPTION

Pennant is a holding company of independent operating subsidiaries that provide healthcare services through 64 home health and hospice agencies and 52 senior living communities located throughout Arizona, California, Colorado, Idaho, Iowa, Nevada, Oklahoma, Oregon, Texas, Utah, Washington, Wisconsin, and Wyoming. Each of these businesses is operated by a separate, independent operating subsidiary that has its own management, employees, and assets. Pennant was founded in 2019 and is based in Eagle, Idaho.


DEAL STATS #
Overall 21 of 22
Sector: Consumer Services M&A 5 of 6
Type: Add-on Acquisition M&A Deals 20 of 21
State: Texas M&A 6 of 6
Country: United States M&A 21 of 22
Year: 2025 M&A 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-09-02 Healing Hearts Home Health

Gillette, Wyoming, United States

Healing Hearts Home Health offers a comprehensive range of services, including skilled nursing, home care, and outpatient therapy, all tailored to meet the unique needs of each patient. Healing Hearts Home Health is based in Gillette, Wyoming.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-11-04 Honey Creek Heights Senior Living

Milwaukee, Wisconsin, United States

Honey Creek Heights Senior Living operates an assisted living and memory care community serving older adults in the Milwaukee area. Honey Creek Heights Senior Living offers residential care with on-site medical support, housekeeping, dining, and daily activities designed to promote engagement and well-being. Honey Creek Heights Senior Living is headquartered in Milwaukee, Wisconsin.

Buy -