January 2022 is in the books, and seniors housing and care M&A activity hit an all-time record in the month, according to our LevinPro LTC database. There were 66 individual deals announced, beating the previous record set in December 2020 with 60 deals, which was a bit of an outlier back then. Our LevinPro database counts deals based on when they are publicly announced either by a press release or to us directly, so a large number of these 66 transactions actually closed at the end of 2021. But December’s M&A total reached 56 transactions, the third-highest monthly total on record, so we are indeed in the middle of the busiest M&A period ever seen in our industry. And based on the number of deals confidentially disclosed to us, the end of December was even busier than our numbers show. It’s quite a time.
We will analyze some initial valuation statistics on the 2021 M&A market in the February issue of The SeniorCare Investor, and even more statistics on how sold properties performed and what investors valued in 2021 in our upcoming Senior Care Acquisition Report, but what we know is that there will be no shortage of capital flowing into the senior care industry in 2022.
