FEBRUARY 2023

Senwell Assists in the Strategic Acquisition of Skilled Nursing Bed Licenses in Davidson County, NC – Senwell successfully orchestrated the strategic acquisition of skilled nursing bed licenses for a valued client in Davidson County, North Carolina. This transaction exemplifies Senwell’s expertise in identifying and executing opportunities that enhance healthcare facility operations.

Senwell’s involvement was initiated upon the request of a recent buyer who sought to augment their newly acquired skilled nursing facility with additional bed licenses. Our team embarked on a comprehensive search, pinpointing the ideal licenses to fulfill the client’s needs. We identified a nonprofit organization that had underutilized nursing beds, which aligned perfectly with our client’s objectives.

The acquisition of these licenses marks a pivotal enhancement for our client’s facility, significantly bolstering their proforma EBITDAR beyond the initial projections at the time of the facility’s underwriting. This move not only optimizes the utilization of available resources but also expands the facility’s capacity to deliver exceptional care.

Brandon Bohland, a seasoned professional in complex healthcare transactions, was instrumental in facilitating this deal.

LEAD ADVISOR: Brandon Bohland Managing Partner Phone: 419-517-6477 brandon@senwelladvisors.com

FEBRUARY 2023