Announced
Completed
Synopsis
Lifespace Communities, which provides nursing and assisted living care services for senior communities, completed the acquisition of Senior Quality Lifestyles Corporation, a nonprofit organization which sponsors and operates the life care communities. Financial terms were not disclosed. "This affiliation will deliver tangible benefits and greater opportunities to those whom each organization serves and employs. As a stronger, more diversified system, we can leverage a broader network of resources and talent to provide exceptional services to a greater number of older adults and families. From an operations perspective, this undoubtedly strengthens all of the communities and supports the shared mission of our organizations to celebrate the lives of seniors," Paula Shives, Lifespace Chairman.
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