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New Deal


Announced

CareTrust REIT to acquire three skilled nursing facilities for $56m.

Financials

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Transaction Value£43m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Real Estate

Pending

Health Care Services

Domestic

Friendly

Single Bidder

nursing facilities

Private

United States

Acquisition

Synopsis

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CareTrust REIT, a publicly-traded real estate investment company, agreed to acquire three skilled nursing facilities for $56m. “We could not be more excited to expand our relationship with the PACS team. PACS continues to show a determined focus on patient centered care and on local leadership and confidence is high that they will continue to deliver best-in-class results for their residents and staff in these buildings,” James Callister, CareTrust REIT CIO.

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