Ohio SNF, Memorial Gables, Transitions to Leading Ohio-Based Senior Care Operator
October 2024
Senwell Senior Investment Advisors advised on the successful sale of Memorial Gables, a 112-bed skilled nursing facility located in Union County, Ohio. The facility, owned by Union County and operated as part of the Memorial Health system, was sold to a highly regarded Ohio-based operator with a strong reputation for excellence in senior care.
Memorial Health’s Chief Financial Officer, Jeff Ehlers, shared, “Senwell’s significant experience in Ohio with both long-term care facility sales transactions and the transfer of bed licenses proved invaluable. Senwell engaged more than 400 organizations nationally, with 68 signing non-disclosure agreements and ultimately 11 submitting formal offers. We appreciate the partnership and collaboration with Senwell during this successful transaction.”
Working tirelessly, the sellers and Senwell evaluated each offer through a rigorous scorecard system designed to assess key criteria. This thorough and collaborative approach ensured that the best possible partner was chosen to guide Memorial Gables into the future.
The selected buyer, with more than 25 years of experience in Ohio’s senior care industry, operates numerous facilities across the state and is consistently recognized for high-quality care and resident satisfaction. Their commitment to fostering strong relationships with employees and communities made them an ideal fit to lead Memorial Gables into its next phase of growth and success.
“We are proud to have been part of this important transition,” said Ben Bohland. “This highly respected Ohio-based operator is the perfect match for Memorial Gables, and we’re confident that their experience and dedication to care will ensure a bright future for the facility and the surrounding community.”
This transaction highlights Senwell’s expertise in navigating complex transactions within the senior care sector, ensuring the best outcomes for sellers, buyers, and the communities they serve.
The transaction was facilitated by Ben Bohland.
 | LEAD ADVISOR:Ben BohlandManaging Partner |
October 2024
Senwell Senior Investment Advisors advised on the successful sale of Memorial Gables, a 112-bed skilled nursing facility located in Union County, Ohio. The facility, owned by Union County and operated as part of the Memorial Health system, was sold to a highly regarded Ohio-based operator with a strong reputation for excellence in senior care.
Memorial Health’s Chief Financial Officer, Jeff Ehlers, shared, “Senwell’s significant experience in Ohio with both long-term care facility sales transactions and the transfer of bed licenses proved invaluable. Senwell engaged more than 400 organizations nationally, with 68 signing non-disclosure agreements and ultimately 11 submitting formal offers. We appreciate the partnership and collaboration with Senwell during this successful transaction.”
Working tirelessly, the sellers and Senwell evaluated each offer through a rigorous scorecard system designed to assess key criteria. This thorough and collaborative approach ensured that the best possible partner was chosen to guide Memorial Gables into the future.
The selected buyer, with more than 25 years of experience in Ohio’s senior care industry, operates numerous facilities across the state and is consistently recognized for high-quality care and resident satisfaction. Their commitment to fostering strong relationships with employees and communities made them an ideal fit to lead Memorial Gables into its next phase of growth and success.
“We are proud to have been part of this important transition,” said Ben Bohland. “This highly respected Ohio-based operator is the perfect match for Memorial Gables, and we’re confident that their experience and dedication to care will ensure a bright future for the facility and the surrounding community.”
This transaction highlights Senwell’s expertise in navigating complex transactions within the senior care sector, ensuring the best outcomes for sellers, buyers, and the communities they serve.
The transaction was facilitated by Ben Bohland.
LEAD ADVISOR:Ben BohlandManaging Partner |
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