M&A Deal Summary

SilverAssist Acquires ElderLife Financial Services

On June 1, 2022, SilverAssist acquired financial services company ElderLife Financial Services

Acquisition Highlights
  • This is SilverAssist’s 1st transaction in the Financial Services sector.
  • This is SilverAssist’s 3rd transaction in the United States.
  • This is SilverAssist’s 1st transaction in Tennessee.

M&A Deal Summary
Date 2022-06-01
Target ElderLife Financial Services
Sector Financial Services
Buyer(s) SilverAssist
Deal Type Add-on Acquisition

Target

ElderLife Financial Services

Hendersonville, Tennessee, United States
Elderlife Financial Services provides financial assistance to help residents pay for senior living. ElderLife Financial Services was founded in 2000 and is based in Hendersonville, Tennessee.

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Buyer(S) 1

Buyer

SilverAssist

Hendersonville, Tennessee, United States
Category Company
Sector Consumer Services
DESCRIPTION

SilverAssist serves the eldercare market by developing a comprehensive senior assistance platform that encompasses market-leading information, lead generation and financial services for seniors and their families as they navigate the complexities of senior care. SilverAssist is based in Hendersonville, Tennessee.

DEAL STATS #
Overall 3 of 3
Sector (Financial Services) 1 of 1
Type (Add-on Acquisition) 3 of 3
State (Tennessee) 1 of 1
Country (United States) 3 of 3
Year (2022) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-01 Care Changes

Atlanta, Georgia, United States

Care Changes is a free senior housing service helping families find assisted living, Alzheimer's memory care, nursing homes, retirement communities and home care. Care Changes was founded in 2006 and is based in Atlanta, Georgia.

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