The Pennant Group Acquires Veranda Senior Living at Paramount (Meridian, ID)
May 1, 2024
The Pennant Group, Inc. acquired the operations of Veranda Senior Living at Paramount, a 73-unit assisted living and memory care community in Meridian, Idaho, which will be renamed Table Rock Senior Living at Paramount. The community will be operated by Pinnacle Senior Living LLC, Pennant's senior living subsidiary, as Pennant continues to expand its senior living footprint in southwestern Idaho.
- Buyers
- The Pennant Group, Inc., Pinnacle Senior Living LLC
- Targets
- Veranda Senior Living at Paramount (to be renamed Table Rock Senior Living at Paramount)
- Sellers
- Veranda Senior Living
- Industry
- Healthcare Services
- Location
- Idaho, United States
- Transaction Type
- Buyout
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