Veda Living Acquires Management Contract for Emerald City Senior Living

urban-gro, Inc. Acquires Emerald Construction Management, Inc.

March 14, 2022

Construction

urban-gro, Inc. signed a definitive agreement to acquire Emerald Construction Management, Inc., a 37-year-old Colorado-based design-build and construction management firm headquartered in Centennial, Colorado. The transaction consideration is $7.0 million (including up to $2.0 million contingent earnout), funded with $2.5 million cash and up to $4.5 million in equity; Emerald C.M. reported expected 2021 revenue of $26.5 million and adjusted EBITDA of $1.2 million, and the acquisition is expected to be immediately accretive in 2022. The deal adds in-house turn-key design-build capabilities to urban-gro's global indoor Controlled Environment Agriculture (CEA) service offerings.

Crestview Partners Acquires Emerald EMS from New Water Capital

January 4, 2022

Manufacturing

Crestview Partners has completed the acquisition of Emerald EMS from New Water Capital, with Emerald's CEO Vic Giglio continuing to lead the company. Headquartered in Salem, New Hampshire, Emerald is a high-mix, low-volume electronics manufacturing services provider operating six U.S. facilities and one in China; financial terms were not disclosed. Crestview intends to invest in the business and pursue additional add-ons and capability expansion to accelerate Emerald's growth.

Stay Green Inc. Acquires Emerald Landscape Services, Inc.

January 12, 2021

Environmental Services

Stay Green Inc. has acquired Emerald Landscape Services Inc., a commercial landscape maintenance company headquartered in Anaheim, California. Emerald's approximately 134 employees will transition to operate under Stay Green; terms were not disclosed. The acquisition expands Stay Green's footprint in Orange, Riverside, and San Bernardino counties and strengthens its commercial client base.

Emerald Textiles Acquires West Coast Assets of Angelica Corporation

December 4, 2021

Healthcare Services

Emerald Textiles, a portfolio company of Pacific Avenue Capital Partners, acquired the West Coast assets of Angelica Corporation, including nine facilities that expand Emerald into Phoenix and Las Vegas and strengthen its Northern and Southern California footprint. The deal grows Emerald's network to 15 plants and 2 service depots (serving nearly 2,000 customer sites) and further establishes the company as the largest healthcare linen services provider in the Western United States.

Ventas, Inc. Acquires New Senior Investment Group Inc.

September 21, 2021

Real Estate

Ventas, Inc. completed an all‑stock acquisition of New Senior Investment Group Inc. in a transaction valued at approximately $2.3 billion (including assumed/repurchased debt). The deal adds New Senior's 103 senior housing properties across 36 states to Ventas' portfolio, strengthening its independent-living exposure and positioning the REIT to capture senior housing upside.

LifeLoop Acquires Linked Senior

July 18, 2024

Software

LifeLoop has acquired Linked Senior, an evidence-based resident engagement platform, combining the two companies' solutions to expand LifeLoop's resident experience and operations offering for senior living operators. The deal brings approximately 600 communities and 50,000 residents onto LifeLoop's platform and will integrate Linked Senior's team into LifeLoop leadership to accelerate product capabilities and customer support.