NORWALK, CT – July 15, 2015 – The seniors housing and care merger and acquisition market, which includes skilled nursing, assisted living, memory care, independent living and CCRCs, continues to strengthen after the record-setting year in 2014. In the second quarter of 2015, there were 64 publicly announced acquisitions in the seniors housing and care market, compared with 62 transactions in the year-ago quarter and 70 transactions in the first quarter of 2015. For second quarter activity, the 64 deals represents a record and implies we may be in for another strong second half of the year, much like in 2014. For the first half of the year, transaction volume is up 5.5% over the first half of 2014.
The dollar value of those transactions declined compared with 2014. Even though there were 70 announced transactions in the first quarter of 2015, the dollar value of those acquisitions was just $1.8 billion compared with more than $5.0 billion in each of the previous four quarters. “At the beginning of this year, we just were not seeing those billion-dollar deals, or even $500 million acquisitions, like we did in 2014,” commented Steve Monroe, Editor of The SeniorCare Investor. By the second quarter, transaction sizes had increased, and the dollar volume increased to $4.1 billion for the quarter. “We expect a very active second half of the year,” Mr. Monroe stated.
All quarterly results are published in The Health Care M&A Report for all 13 sectors of health care, which is part of the Health Care MA Information Source. For more information, or to order the report, call 800-248-1668. Irving Levin Associates, Inc. was established in 1948 and has headquarters in Norwalk, Connecticut. The company publishes research reports and newsletters, and maintains databases on the health care and senior housing markets.
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