Sonida Senior Living Acquires CNL Healthcare Properties in $1.8 Billion Merger

Sonida Senior Living Acquires Eight Southeast Communities and Signs to Buy Two Atlanta Communities

October 3, 2024

Healthcare Services

Sonida Senior Living, Inc. (NYSE: SNDA) completed the previously announced purchase of an eight-asset senior housing portfolio in the Southeast for $102.9 million and signed a purchase agreement to acquire two additional senior living communities in Atlanta for $29.0 million. The transactions add 733 units to Sonida's operating portfolio, further densify its presence in attractive Southeast markets, and are being funded with cash on hand and capacity from an expanded $150 million senior secured revolving credit facility.

Sonida Senior Living and JV Partners Recapitalize Nine Senior Living Communities

July 2, 2024

Healthcare Services

Sonida Senior Living entered into two joint-venture recapitalizations in late May and early July 2024 — a 51% stake with Palatine Capital Partners and a 33% stake with KZ Family Ventures — acquiring eight senior living communities (790 units) and adding a previously announced 100-unit community in Macedonia, Ohio for a total of nine new communities. Sonida will operate the assets on behalf of the joint ventures, driving occupancy and margin recovery and creating greater density in Texas and the Midwest to realize operating efficiencies and double-digit NOI yields at stabilization.

Sonida Senior Living Acquires Two Senior Living Communities in Atlanta Market

November 1, 2024

Healthcare Services

Sonida Senior Living (NYSE: SNDA) completed the previously announced acquisition of two senior living communities in the Atlanta, Georgia market for $29.0 million. The purchase adds 178 units (approximately 60% assisted living and 40% memory care) across Lawrenceville and Peachtree Corners and furthers Sonida's regional densification and accretive growth strategy.

Ventas Acquires New Senior Investment Group

September 21, 2021

Healthcare Services

Ventas, Inc. completed its acquisition of New Senior Investment Group Inc. in an all-stock transaction valued at approximately $2.3 billion, including New Senior debt assumed or repaid by Ventas. The deal expands Ventas’s senior housing presence by adding New Senior’s independent living portfolio across the United States.

Solenis to Acquire NCH Corporation in Merger Deal

June 19, 2025

Industrial Services

Solenis and NCH Corporation announced a definitive agreement under which Solenis will acquire 100% of NCH stock, merging the businesses into a more diversified water and hygiene solutions provider. The transaction is expected to close by the end of 2025 after regulatory approvals and customary conditions, with both companies operating independently until completion.

Sonova Acquires Alpaca Audiology to Expand U.S. Presence

January 13, 2022

Healthcare Services

Sonova Holding AG has agreed to acquire Alpaca Audiology, a U.S. network of approximately 220 audiology clinics with over 500 employees, for USD 310 million on a cash- and debt-free basis. The deal, financed from Sonova’s cash balance and subject to regulatory approval, is intended to substantially increase Sonova’s direct consumer access in the United States and is expected to close before the end of financial year 2021/22.