Discovery Senior Living LLC Asset Profile

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Year established

1991

Location

Bonita Springs FL US

Primary Industry

Healthcare

About

Founded in 1991 and based in Florida, the US, Discovery Senior Living LLC, operates as a real estate company that provides senior living, care, and resort lifestyle services. In October 2022, Lee Equity Partners and CoastWood Senior Housing Partners agreed to recapitalize a majority stake in Discovery Senior Living LLC. As of 2022, the company is led by its CEO, Richard J. Hutchinson, and has more than 8,000 employees and offers more than 100 services in 19 states. The company offers various senior housing solutions that include active senior apartments, senior independent living, supervised independent living, senior assisted living, personal care, shine® memory care, skilled nursing, and respite care. The company also provides exclusive lifestyle programs, sensations dining, celebrations activities and events, dimensions health and fitness, expressions concierge, impressions housekeeping and maintenance, and connections transportation. The transaction will enable Discovery Senior Living LLC to expand its proprietary national and regional brand management structure, improve its experiential living operating programs, and continue the evolution of its cutting-edge business processes.

Primary Industry

Healthcare

Sub Industries

Home Healthcare, Nursing Homes & Assisted Living, Commercial Property

Website

www.discoveryseniorliving.com

Company Stage

Mature

Total Amount Raised

Subscriber access only

Deals

Deals Type
Recapitalisation

Deal Status	Target (s)	Deal Date	Investor(s)	Seller(s)	Deal size (Mn)	Enterprise value (Mn)	Post-money valuation (Mn)	EBITDA multiple (x)	Revenue multiple (x)	Lead partner (s)
Announced	Discovery Senior Living LLC	02 Oct 2022

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