The Ensign Group Acquires Again

The Ensign Group has been one of the most prolific acquirers in the senior care sector, and they have no intention of stopping. The company just announced a series of acquisitions in Texas for a total of six skilled nursing facilities with 794 beds.

In one group, the facilities included a 110-bed SNF in Harlingen, a 146-bed facility in Keller, and a 162-bed nursing facility in New Braunfels. Both the operations and the real estate were purchased. The acquisitions were all effective November 1.

In separate transactions on the same day, Ensign bought the real estate and operations of three skilled nursing facilities in San Antonio with a total of 376 beds. These also closed effective November 1, and they will be operated by a subsidiary of Keystone Care, Inc., Ensign’s Texas-based portfolio subsidiary.

 

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