Fast-growing senior living operator and developer Distinctive Living has acquired Validus Senior Living Management, according to a joint company announcement.

Distinctive Living will continue to be led by Distinctive Healthcare CEO Joe Jedlowski, with the organization now managing 10 of the Inspired Living communities from Validus in three states, along with other Validus communities, according to a news release issued on Tuesday evening.

“This acquisition offers Distinctive a unique opportunity to expand its footprint, with the ability to leverage additional efficiencies across our portfolio. Distinctive Living is committed to grow in a manner that serves the needs of our residents, team members and capital partners,” Jedlowski said in a news release.

Terms of the merger were not disclosed with the announcement.

Validus Senior Living Management CEO Steve Benjamin and Validus Group Chairman and CEO will retain ownership of the Inspired Living communities now under Distinctive Living’s management. The communities will also retain the Inspired Living branding, according to the release.

Merger discussions started last year and the move officially closed in April.

Former Validus Senior Living President Lindsey Hacker will now serve as executive vice president and CFO of Distinctive Living as part of the merger. Executives from both organizations will lead the Inspired Living communities, as well as Distinctive Living’s legacy senior housing portfolio, according to the announcement.

In the news release, Benjamin said the merger allows for “a significant number of win/win opportunities for both organizations.”

“With the acquisition of the Validus communities, leadership, and practices, they are well positioned for continued growth and to be a well-established operator in the industry,” Benjamin said.

Distinctive Living has been in growth mode since its inception in 2020, and was named by SHN as an operator to watch in 2023. In total, the company operates 46 communities with 14 communities under development through its development services platform Distinctive Living Development.