M&A Deal Summary

Redwood Capital Investments Acquires Erickson Living Management

On December 23, 2009, family office Redwood Capital Investments acquired healthcare services company Erickson Living Management for 365M USD

Acquisition Highlights
  • This is Redwood Capital Investments’ 1st transaction in the Healthcare Services sector.
  • This is Redwood Capital Investments’ largest (disclosed) transaction.
  • This is Redwood Capital Investments’ 1st transaction in the United States.
  • This is Redwood Capital Investments’ 1st transaction in Maryland.

M&A Deal Summary
Date 2009-12-23
Target Erickson Living Management
Sector Healthcare Services
Buyer(s) Redwood Capital Investments
Deal Type Special Situations/Distressed
Deal Value 365M USD

Target

Erickson Living Management

Baltimore, Maryland, United States
website
Erickson Living Management LLC is a developer and manager of continuing care retirement communities (CCRCs), manages 17 large campus-style communities in Colorado, Florida, Kansas, Maryland, Massachusetts, Michigan, New Jersey, Pennsylvania, Texas and Virginia.

Search 184,358 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Redwood Capital Investments

website

Category Family Office
Founded 2006
Size Small
Type Sector Agnostic
DESCRIPTION

Redwood Capital is the private investment company for Jim Davis, a co-founder of Allegis Group. The Firm looks to acquire majority positions and generally seeks companies with established management in place, opportunities to re-invest earnings, and strong market positions with sustainable competitive advantages. Redwood Capital Investments was formed in 2006 and is based in Hanover, Maryland.

DEAL STATS #
Overall 1 of 7
Sector (Healthcare Services) 1 of 1
Type (Special Situations/Distressed) 1 of 1
State (Maryland) 1 of 3
Country (United States) 1 of 7
Year (2009) 1 of 1
Size (of disclosed) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-10-24 Tradepoint Atlantic

Baltimore, Maryland, United States

Tradepoint Atlantic LLC is a multi modal terminal consisting of deep water berths, short-line railroad connecting to two Class I railroads, and direct interstate access.

Buy $110M
Mergr

Product

Company

Legal