M&A Deal Summary

Ventas Acquires Nationwide Health Properties

On July 1, 2011, Ventas acquired real estate company Nationwide Health Properties for 7.6B USD

Acquisition Highlights
  • This is Ventas’ 6th transaction in the Real Estate sector.
  • This is Ventas’ largest (disclosed) transaction.
  • This is Ventas’ 5th transaction in the United States.
  • This is Ventas’ 1st transaction in California.

M&A Deal Summary

Date 2011-07-01
Target Nationwide Health Properties
Sector Real Estate
Buyer(s) Ventas
Deal Type Add-on Acquisition
Deal Value 7.6B USD
Advisor(s) J.P. Morgan Securities (Financial)
Skadden, Arps, Slate, Meagher & Flom (Legal)

Target

Nationwide Health Properties

Newport Beach, California, United States
website
Nationwide Health Properties LLC is a real estate investment trust (REIT) invests in healthcare-related senior housing and long-term care properties in US.

Search 193,240 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Ventas

Chicago, Illinois, United States

website


Category Company
Sector Real Estate
Employees448
Revenue 4.1B USD (2022)
DESCRIPTION

Ventas is a real estate investment trust (REIT), with a highly diversified portfolio of nearly 1,500 seniors housing communities, medical office buildings, skilled nursing facilities and hospitals in 46 states, the District of Columbia and two Canadian provinces. Ventas is based in Chicago, Illinois.


DEAL STATS #
Overall 6 of 12
Sector (Real Estate) 6 of 11
Type (Add-on Acquisition) 5 of 7
State (California) 1 of 1
Country (United States) 5 of 11
Year (2011) 2 of 2
Size (of disclosed) 1 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-05-01 Atria Senior Living Group

Louisville, Kentucky, United States

Atria Senior Living, Inc. is the fifth largest assisted living provider in the U.S., operating more than 130 communities in 28 states. Home to more than 14,000 older Americans, Atria communities provide respectful, quality services designed to promote independence and help seniors enjoy fulfilling lifestyles. Its goal is to provide environments where older people flourish, where loneliness and isolation are forgotten, and where families feel confident that their aging members are secure and thriving.

Buy $242M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-04-02 Cogdell Spencer

Charlotte, North Carolina, United States

Cogdell Spencer specializes in the ownership, development, acquisition, management, and leasing of medical office buildings and healthcare related facilities.

Buy $770M