Senior assistance platform SilverAssist is expanding its services through the acquisition of care navigation and referral company Oasis Senior Advisors.

The acquisition allows SilverAssist to now offer “white-glove national and local services.” Oasis has 130 franchise locations across the U.S., and helps older adults and their families find senior living communities along with services such as hospital discharge, elder law and specialty care.

Prior to the acquisition, SilverAssist’s focuses were on a variety of digital service offerings aimed at helping families and prospective residents find senior living communities.

SilverAssist closed the acquisition earlier this year, and terms of the deal were not disclosed.

The combined company is now speaking to around 10,000 families per month through digital and analogue services, SilverAssist CEO Greg Mason told Senior Housing News, and it has contractual relationships with over 7,000 communities in the U.S. 

According to a press release from SilverAssist, the acquisition is part of a proactive move for the company to respond to the increasing demand for senior housing services. The company was formed after private equity firm Growth Catalyst Partners combined Elderlife Financial Services, Care Changes and FamilyAssets into one senior assistance platform.

SilverAssist has been seeing a rapid increase in growth and demand for services since its inception in 2021 due to what Mason describes as a “novel approach by having immediate service offerings.” According to the release, SilverAssist has helped over 130,000 older adults and the company is “poised to further impact the industry” with the acquisition.

Looking to the future, SilverAssist is looking to incorporate additional services into the company’s portfolio, but Mason said he is not ready to announce anything at this time. 

“We’re constantly looking for acquisitions or partnerships that help us improve the consumer experience and the senior care journey,” he said.