M&A Deal Summary

Thrive Senior Living Acquires Savannah Commons

On July 10, 2019, Thrive Senior Living acquired consumer services company Savannah Commons

Acquisition Highlights
  • This is Thrive Senior Living’s 1st transaction in the Consumer Services sector.
  • This is Thrive Senior Living’s 1st transaction in the United States.
  • This is Thrive Senior Living’s 1st transaction in Georgia.

M&A Deal Summary

Date 2019-07-10
Target Savannah Commons
Sector Consumer Services
Buyer(s) Thrive Senior Living
Deal Type Add-on Acquisition

Target

Savannah Commons

Savannah, Georgia, United States
Savannah Commons Offers Independent Living, Assisted Living & Memory Care. Independent Living is for our residents who are loving the later years of life and looking to right-size and find a close-knit community of friends. Assisted Living is ideal for residents who value their independence, but may need assistance with daily activities. Memory Care is for our residents who are living with some form of cognitive disability.

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Buyer(S) 1

Buyer

Thrive Senior Living

Atlanta, Georgia, United States

Category Company
Sector Consumer Services
DESCRIPTION

Thrive Senior Living designs, develops and operates innovative independent living, assisted living and memory care communities across the country with a fresh perspective on senior living. Thrive strives to enrich lives and be faithful stewards of all that is entrusted to them by respecting and honoring older adults as valuable members of society. Privately held and headquartered in Atlanta, Georgia.


DEAL STATS #
Overall 1 of 1
Sector (Consumer Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Georgia) 1 of 1
Country (United States) 1 of 1
Year (2019) 1 of 1