Old folks purchase
Sep 15, 2012
A consortium led by KKR & Co. has agreed to buy the management business of Sunrise Senior Living from Health Care REIT for about $130 million, marking the firm’s first private-equity foray in U.S. senior living services.
KKR teamed up with Beecken Petty O’Keefe and Coastwood Senior Housing Partners LLC for the investment.
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