SummitCrest | Private Equity | Senior Care Chain | |
|---|---|---|---|
| Goal | Grow your community | Financial engineering to maximize returns | Cost cutting and synergies |
| Commitment | Your community will be our sole focus | One of many portfolio companies | One of many communities in a chain |
| Your legacy | Your community continues to grow as an independent concern with the same name, same residents, same vendors, etc. | Emphasis on cost-cutting over care means changes to team, residents and vendors. Financial engineering means bankruptcy risk. | Your name comes off the door. Massive changes to team, care model, vendors and residents. |
| Team | A hungry entrepreneur and an advisory board of nearly two-dozen senior living, healthcare, and business professionals. | A handful of professional investors without senior-care operating experience | Varies |
| Residents & Staff | Cared for and central to our success | At risk due to cost cutting | Often disrupted as staff are consolidated |
| Deal terms | Flexible — we can meet your needs | Inflexible — typically a multi-year transition | Inflexible — structured to benefit the parent |
| Time horizon | Long-term | 3–5 years | Varies |