Who owns Silverado Senior Living? This question is often asked by those seeking quality senior care services. Silverado Senior Living, a renowned provider of residential and healthcare services for seniors, has a complex ownership structure that has evolved over the years. Understanding the current ownership can provide insights into the company’s direction and commitment to its mission of providing exceptional care to its residents.
Silverado Senior Living was founded in 1996 by a group of healthcare professionals with a passion for improving the quality of life for seniors. Initially, the company was a small, family-owned business with a focus on providing personalized care in a home-like environment. Over time, the company grew and expanded its services, attracting investors who believed in its vision.
In 2007, Silverado Senior Living underwent a significant change when it was acquired by a private equity firm, Warburg Pincus. This acquisition provided the company with the financial resources to expand its operations and enhance its services. Under Warburg Pincus’ ownership, Silverado Senior Living grew to become one of the largest providers of senior living services in the United States.
In 2015, Silverado Senior Living was acquired by another private equity firm, Formation Capital. Formation Capital, known for its expertise in the healthcare sector, continued to support the company’s growth and strategic initiatives. This acquisition further solidified Silverado’s position as a leader in the senior living industry.
Today, Silverado Senior Living is still owned by Formation Capital. The company’s current ownership structure allows it to maintain its focus on providing high-quality care while also benefiting from the resources and expertise of its parent company. Formation Capital’s investment in Silverado Senior Living has enabled the company to expand its network of communities, invest in new technologies, and enhance its training programs for caregivers.
The ownership of Silverado Senior Living reflects its commitment to excellence in senior care. By partnering with reputable private equity firms, the company has been able to grow and adapt to the changing needs of the senior population. As a result, Silverado Senior Living continues to be a trusted provider of residential and healthcare services for seniors across the United States.
In conclusion, the question of who owns Silverado Senior Living is an important one for those seeking quality senior care. With a history of growth and innovation, and a current ownership structure that supports its mission, Silverado Senior Living remains a leader in the senior living industry.
