Assisted for Living Inc., a Bradenton, Florida-based diversified healthcare company, is on a little growth spurt, having just acquired an assisted living business and opened a new pediatric extended care center both in Florida. First, they acquired Trillium Healthcare Group’s assets. Trillium is a post-acute care company that leases and operates 26 skilled nursing facilities in four states: Florida, Georgia, Iowa and Nebraska. In total, its portfolio features 1,546 skilled nursing beds, 139 assisted living beds and 36 independent living units, and 2020 revenues reached approximately $100 million. The acquisition includes Trillium’s back office, which will be integrated with the current team at Assisted for Living.
In addition, Assisted for Living recently added a third pediatric care center in southwest Florida through its wholly-owned subsidiary, Banyan Pediatric Centers, Inc. The new location in New Port Richey provides skilled nursing for medically fragile and medically complex children in a childcare setting. It marks the second new center for Banyan in 2021, after opening a Sarasota location in May.
