M&A Deal Summary

Sienna Senior Living Acquires Retirement Suites of Kawartha Lakes

On July 5, 2017, Sienna Senior Living acquired consumer services company Retirement Suites of Kawartha Lakes for 21M USD

Acquisition Highlights
  • This is Sienna Senior Living’s 2nd transaction in the Consumer Services sector.
  • This is Sienna Senior Living’s 2nd largest (disclosed) transaction.
  • This is Sienna Senior Living’s 4th transaction in Canada.
  • This is Sienna Senior Living’s 4th transaction in Ontario.

M&A Deal Summary

Date 2017-07-05
Target Retirement Suites of Kawartha Lakes
Sector Consumer Services
Buyer(s) Sienna Senior Living
Deal Type Add-on Acquisition
Deal Value 21M USD

Target

Retirement Suites of Kawartha Lakes

Bobcaygeon, Ontario, Canada
Retirement Suites of Kawartha Lakes is a provider of stabilized, vibrant 94-suite independent and assisted living retirement residence. Retirement Suites of Kawartha Lakes is based in Bobcaygeon, Ontario.

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Buyer(S) 1

Buyer

Sienna Senior Living

Markham, Ontario, Canada

Category Company
Founded 1972
Sector Healthcare Services
Employees12,263
Revenue 785M CAD (2023)
DESCRIPTION

Sienna Senior Living is one of Canada's largest owners of seniors housing and the largest licensed long-term care provider in Ontario. The Company's 8,170 employees are dedicated to helping you live fully, every day in each of its four lines of business: retirement living, home care, third party management services and long-term care. The Company owns and operates 35 long-term care homes and 11 retirement residences, representing a combined 6,939 beds/suites across Ontario and British Columbia. Sienna Senior Living was founded in 1972 and is based in Markham, Ontario.


DEAL STATS #
Overall 4 of 4
Sector (Consumer Services) 2 of 2
Type (Add-on Acquisition) 4 of 4
State (Ontario) 4 of 4
Country (Canada) 4 of 4
Year (2017) 2 of 2
Size (of disclosed) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-06-06 Rosewood Retirement Residence

Kingston, Ontario, Canada

Rosewood Retirement Residence is a provider of retirement residence services. Rosewood Retirement Residence is based in Kingston, Ontario.

Buy $10M