M&A
confidence high
sentiment neutral
materiality 0.75
Selectis Health signs $27M deal to sell four Georgia skilled nursing facilities
SELECTIS HEALTH, INC.
- Purchase agreements cover Glen Eagle (101 beds), Eastman (100 beds), Sparta (71 beds), and Warrenton (110 beds).
- Aggregate purchase price $27.0M; $500k deposit placed into escrow with Landmark Abstract.
- Closing expected by May 1, 2025, subject to due diligence, regulatory approvals, and customary conditions.
- Operations transfer agreements also executed to transition operations to buyer-affiliated operators.