Lancaster Pollard closes deals
Lancaster Pollard recently closed several transactions.
In the first, which was led by Chad Elliott and Steve Kennedy, Lancaster Pollard's M&A group served as the sell-side advisor on the sale of Columbus West Park. With the acquisition, The MacIntosh Company expanded its central Ohio footprint to six care communities.
Columbus West Park is a 100-bed care community located in Columbus, OH, that had been under family ownership since 1992. The facility was built in 1984 and includes separate wings for specialized Alzheimer's care and hospice skilled nursing care in addition to its general patient base. Excess land was included with the purchase, providing The MacIntosh Company options for future expansion of the project.
In a separate engagement, Lancaster Pollard Finance Company provided a balance sheet loan to fund the acquisition of Columbus West Park. Chris Mauger and Brendan Healy led this transaction.