Seniors Housing & Care M&A Activity Sets Record in Q4: 2015

FOR IMMEDIATE RELEASE Stephen M. Monroe
Partner
800-248-1668
203-846-6800
Fax: 203-846-8300
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NORWALK, CT - January 28, 2016 - The seniors housing and care merger and acquisition market, which includes skilled nursing, assisted living, memory care, independent living and CCRCs, continued to strengthen after the record-setting year in 2014. In the fourth quarter of 2015, there were 105 publicly announced acquisitions in the seniors housing and care M&A market, compared with 88 transactions in the year-ago quarter and 100 transactions in the third quarter of 2015. For fourth quarter activity, the 105 transactions represents a record and resulted in another full-year record of seniors housing and care transactions, which totaled 354 publicly announced acquisitions, or 17% higher than in 2014.

The dollar value of those transactions in 2015 has been much lower than in 2014. The total dollar value of the M&A transactions in this year’s fourth quarter was just $2.2 billion, compared with $8.8 billion in the year-ago fourth quarter. And, the fourth quarter in 2015 posted a 50% drop in dollar volume from the third quarter, even though the number of transactions was slightly higher. For full-year totals, the dollar value in 2015 was $13.97 billion, which is almost half the total dollar volume of $25.5 billion recorded in 2014. “The year 2015 will go down as the year of the small deal, as the billion-dollar deals of the past have all but disappeared. That may change in 2016 if investors decide to take advantage of the current low stock values of the publicly traded companies,” commented Steve Monroe, Editor of The SeniorCare Investor. “After the records reached in 2014 in average price per unit and per bed, we were not expecting such a strong market in 2015, but we may hit some records again after we finish our tally of the year’s results, which will be published in the 21st edition of The Senior Care Acquisition Report,” Mr. Monroe continued.  

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 M&A 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 acquisition markets.

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