Announced
Financials
Tags
United States
Pending
Health Care Facilities
Domestic
Friendly
Single Bidder
Acquisition
Majority
nursing facilities
Private
Synopsis
Dwyer Workforce Development, a nonprofit workforce development program, agreed to acquire the nursing facilities portfolio from Regency, an operator of skilled nursing facilities, for $590m. "Most people can't say that they are truly doing what they feel they were born to do. I have always been passionate about helping people and serving the underserved; not only by giving them a voice, but also helping them reach their full potential. I am thrilled to lead this innovative not-for-profit and work with Jack Dwyer to transform lives. This partnership demonstrates the impact we can make on the lives of others and on the healthcare community by working together on a shared mission. This is just the beginning of many partnerships across the country that will make a monumental impact," Barb Clapp, Dwyer Workforce Development CEO.
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