Summary: Our M&A team successfully represented the seller in the sale of regional independent long-term healthcare facilities to an independent strategic buyer through an unsolicited private tender offer. The comprehensive transaction included seven skilled nursing facilities, two assisted living facilities, an independent living facility, and ancillary businesses including a rehabilitation agency and pharmacy.
The Challenge: Our client faced an unsolicited private tender offer for their regional network of long-term healthcare facilities, requiring rapid strategic assessment and response to an unexpected acquisition opportunity. The transaction encompassed extraordinary complexity with a diverse portfolio including seven skilled nursing facilities, two assisted living facilities, an independent living facility, and multiple ancillary businesses. The deal demanded careful navigation of healthcare regulatory requirements across multiple facility types and jurisdictions while addressing the unique procedural aspects of a private tender offer structure. The seller needed experienced counsel to evaluate the offer, protect stakeholder interests, and manage the complex regulatory, operational, and financial considerations inherent in divesting an integrated healthcare services platform.
Our Strategy: We provided comprehensive counsel to guide our client through all aspects of this unsolicited tender offer transaction. Our approach involved rapid evaluation of the strategic buyer's offer while managing the unique procedural requirements of the private tender offer structure. We coordinated extensive due diligence across the diverse portfolio of healthcare facilities and ancillary businesses, addressing regulatory compliance requirements for skilled nursing, assisted living, independent living, rehabilitation services, and pharmacy operations. Our team negotiated transaction terms that protected our client's interests while addressing the complex regulatory approvals required across multiple healthcare service lines and jurisdictions. We managed the coordination of stakeholder communications and ensured seamless operational transitions for this comprehensive healthcare services platform.
The Result: We successfully closed this major regional healthcare facilities transaction, enabling our client to capitalize on an attractive unsolicited acquisition offer from an independent strategic buyer. Our comprehensive approach ensured all regulatory approvals were obtained across the diverse portfolio of seven skilled nursing facilities, two assisted living facilities, an independent living facility, and ancillary businesses. The transaction delivered optimal value for our client while ensuring continuity of care for residents and patients across all facilities and service lines. The sale demonstrates our ability to handle complex healthcare transactions involving multiple facility types, ancillary businesses, and the unique procedural requirements of unsolicited private tender offers while managing extensive regulatory compliance across integrated healthcare service platforms.
