Regional Health Properties Announce Merger with SunLink Health
Deal News | Jan 07, 2025 | HARPETH VENTURES LLC
Regional Health Properties, Inc., a healthcare real estate investment trust, has announced a merger with SunLink Health Systems, Inc. in an all-stock transaction, with Harpeth Capital serving as the financial advisor. Brent Morrison, CEO of Regional Health Properties, credits Harpeth Capital's expertise and insights for developing a beneficial structure for the merger. This merger is seen as a transformative transaction by Harpeth, further showcasing their commitment to supporting strategic initiatives in the healthcare sector. The merger is expected to deliver enhanced value to stakeholders and provide a foundation for strategic growth for both companies moving forward.
Sectors
- Healthcare
- Financial Advisory Services
Geography
- United States – The companies involved, Regional Health Properties and SunLink Health Systems, are based and listed in the United States, implying that the transaction occurs within this geography.
Industry
- Healthcare – The transaction involves companies operating within the healthcare industry, specifically in healthcare real estate and health systems.
- Financial Advisory Services – Harpeth Capital's role as the financial advisor signifies the involvement of financial advisory services industry, specializing in M&A activities.
Financials
- All-stock transaction – The merger between Regional Health Properties and SunLink Health Systems is an all-stock transaction.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Regional Health Properties, Inc. | Target Company | Company | A healthcare real estate investment company involved in the merger with SunLink Health Systems. |
| SunLink Health Systems, Inc. | Target Company | Company | A health systems company merging with Regional Health Properties. |
| Harpeth Capital | Financial Advisor | Company | Advised Regional Health Properties on the merger with SunLink and facilitated the transaction. |
| Brent Morrison | CEO of Regional Health Properties | Person | CEO of Regional Health Properties who acknowledged Harpeth Capital's role in the merger. |
| Chuck Byrge | President and CEO of Harpeth Capital | Person | Played a significant role in advising Regional Health Properties in the strategic merger. |
| Adam Landa | Managing Director at Harpeth Capital | Person | Involved in structuring the transaction for Regional Health Properties. |