Healthcare Transactions Group arranged the sale of a portfolio of thirteen Skilled Nursing Facilities, including five in Tennessee, six in Virginia and two in Kentucky, totaling 1,585 licensed beds. Ten of the facilities were affiliated with Concordia Health Partners and three were affiliated with Curis Health. Mark Davis of Healthcare Transactions Group served as Mergers and Acquisitions Advisor to the seller throughout the process. The transaction closed on September 6, 2019. Price and other details of the transaction are confidential.
Healthcare Transactions Group conducted a highly confidential and selective offering process curating the most capable buyers on behalf of the seller. The buyer was a New Jersey-based long-term care owner and operator, with an existing skilled nursing facility platform in these southeastern states.
Since 1996, Maryland-based Healthcare Transactions Group has been a recognized national leader in post-acute healthcare mergers & acquisitions, having closed over $2 billion in transactions in 34 states and the District of Columbia.