The Firm represented Sunrise Senior Living, LLC in connection with its recapitalization by Health Care REIT, Inc. (NYSE: HCN) and sale to Revera Inc. from Kohlberg Kravis Roberts & Co. L.P., Beecken Petty O'Keefe & Company and Coastwood Senior Housing Partners LLC. Health Care REIT increased its ownership to a 24% interest in Sunrise and Revera owns the remainder.
Sunrise Senior Living, a McLean, Va.-based company, offers a full range of personalized senior living services, including independent living, assisted living, care for individuals with Alzheimer's disease and other forms of memory loss, as well as nursing and rehabilitative services.
The Simpson Thacher team included of Marni Lerner, Chris May, Scott Naturman and Shelly Lin (M&A); Jeannine McSweeney, Patricia Adams (Executive Compensation and Employee Benefits); and Steven Todrys and Jason Vollbracht (Tax).