M&A Deal Summary |
|
---|---|
Date | 2016-03-24 |
Target | Preferred Health Care Services |
Sector | Healthcare Services |
Buyer(s) | Spectrum Health Care |
Sellers(s) | Sienna Senior Living |
Deal Type | Divestiture |
Deal Value | 17M USD |
SEARCH BY
Try For Free 7-Day Free Trial
Category | Company |
---|---|
Founded | 1977 |
Sector | Healthcare Services |
Spectrum Health Care is a provider of home health care services, offering a range of health care services which include: nursing, personal and home support, physiotherapy, corporate wellness, non-urgent patient transfer, companionship, and event medical services. Spectrum Health Care was founded in 1977 and is based in Toronto, Ontario.
DEAL STATS | # |
---|---|
Overall | 1 of 1 |
Sector (Healthcare Services) | 1 of 1 |
Type (Divestiture) | 1 of 1 |
State (Ontario) | 1 of 1 |
Country (Canada) | 1 of 1 |
Year (2016) | 1 of 1 |
Size (of disclosed) | 1 of 1 |
Category | Company |
---|---|
Founded | 1972 |
Sector | Healthcare Services |
Employees | 12,263 |
Revenue | 785M CAD (2023) |
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 | 1 of 1 |
Sector (Healthcare Services) | 1 of 1 |
Type (Divestiture) | 1 of 1 |
State (Ontario) | 1 of 1 |
Country (Canada) | 1 of 1 |
Year (2016) | 1 of 1 |
Size (of disclosed) | 1 of 1 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2015-12-09 |
Traditions of Durham Retirement Community
Oshawa, Ontario, Canada Traditions of Durham Retirement Community is a 140-suite independent and assisting living residence located in Oshawa that commenced operations in 2010 with a first phase of 90 suites. A further 50 suites were added pursuant to a second phase in 2012. The current occupancy rate is 90.71%. Providing both assisted living services (with 37 suites designated as assisted living units) and independent supported living services, the residence has a strong reputation and high visibility in the local community. |
Buy | $37M |
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 |