The number of long-term care deals set a new record in 2014, with a total of 297 transactions announced. Through September 18th, the sector has logged 215 transactions, which could put 2015 in contention to surpass last year’s record. Or not. This is the year of the small(er) senior housing and care transaction, with deal value now standing at $9.65 billion, compared with last year’s blowout total of $29.3 billion. There were five billion-dollar-plus deals announced in 2014, compared with only one thus far in 2015. Here are the year’s biggest deals, to date.
| Acquirer | Target | Price |
|---|---|---|
| Joint venture | Trilogy Health Services | $1.12 billion |
| NorthStar Realty Finance | 32 independent living communities | $875 million |
| HCP, Inc. | 35 senior living properties | $849 million |
| BayBridge Seniors Housing | Amica Mature Lifestyles | $804 million |
| New Senior Investment Group | 28 senior living properties | $640 million |
| Source: The Health Care M&A Information Source, Sept. 2015 |
