Ziegler Announces Successful Affiliation Agreement Between Acts Retirement-Life Communities (Acts) and The Evergreens
Ziegler, a specialty investment bank, is pleased to announce the successful affiliation agreement between
The Evergreens engaged Ziegler in September of 2016 to act as its exclusive advisor in exploring strategic options for affiliating with another not-for-profit entity.
"The depth of knowledge, strength of relationships and extensive experience Ziegler brought to The Evergreens, served our residents, staff and board very well. The smartest thing we on the Evergreens Board did was to hire Ziegler to take us through the complicated process which led to a successful affiliation." said
After numerous months of due diligence and evaluation of potential sponsor organizations, Acts was ultimately chosen by The Evergreens' management and
The Evergreens, a not-for-profit LPC, was founded in 1919 by the
Headquartered in suburban
"We are delighted to be affiliating with The Evergreens to further strengthen this well-established community who shares our desire to enrich the lives of seniors," said
"This is a great time for The Evergreens community to be joining forces with Acts, one of the premier senior living organizations in
Ziegler is one of the nation's leading underwriters of financing for not-for-profit senior living providers. Ziegler offers creative, tailored solutions to its senior living clientele, including investment banking, financial risk management, merger and acquisition services, investment management, seed capital, FHA/HUD, capital and strategic planning as well as senior living research, education, and communication.
For more information about Ziegler, please visit us at http://www.Ziegler.com.
About Ziegler:
Ziegler is a privately held investment bank, capital markets and proprietary investments firm. Specializing in the healthcare, senior living and education sectors, as well as general municipal and structured finance, enables Ziegler to generate a positive impact on the clients and communities it serves. Headquartered in
Certain comments in this news release represent forward-looking statements made pursuant to the provisions of the Private Securities Litigation Reform Act of 1995. This client's experience may not be representative of the experience of other clients, nor is it indicative of future performance or success. The forward-looking statements are subject to a number of risks and uncertainties, in particular, the overall financial health of the securities industry, the strength of the healthcare sector of the
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