Four Seasons Health Care, one of the largest senior living providers in England, announced it is placing a majority of its portfolio up for sale three years after its parent companies dealt with insolvency. The company has tapped the services of agency and advisory business Christie & Co. to sell 111 care homes across the […]
Four Seasons Health Care
The most-read Senior Housing News stories from the past week both involved COOs. Last Monday, readers were eager to hear more about why Chicago-based Senior Lifestyle decided to appoint co-COOs. A day later, the hot story was that Labeed Diab is exiting the COO post at Brentwood, Tennessee-based Brookdale Senior Living (NYSE: BKD). When Brookdale […]
Terra Firma, a private equity group, announced on Monday its intentions to buy British nursing home operator Four Seasons Health Care for up to $1.34 billion, reports the New York Times. The deal terms include Terra Firma paying about $1.32 billion up front for Four Seasons. Then, if the company hits its performance targets, according […]