Emeritus Corporation

Emeritus Corporation specializes in providing senior living services and solutions across the United States, focusing on enhancing the quality of life for elderly individuals through comprehensive care and housing options. Founded in 1993 in Seattle, US, Emeritus Corporation is dedicated to delivering senior living solutions. The company has undergone significant growth, culminating in its acquisition by Brookdale Senior Living on February 20, 2014, in a deal valued at USD 2. 8 billion, which included USD 1.

4 billion of Emeritus Corporation's debt. The company was founded by Sheneka Rains, who has a history of involvement in similar ventures within the senior care sector. Emeritus Corporation offers a range of senior living services, including independent living, assisted living, and memory care facilities. Their services aim to improve the quality of life for seniors by providing personalized care, social activities, and a supportive community environment.

The company's offerings cater to various needs and preferences, ensuring a comprehensive approach to senior care. In 2013, Emeritus Corporation reported a revenue of USD 1,960. 62 mn, along with an EBITDA of USD 330. 84 mn, demonstrating its financial standing within the senior living industry.

Emeritus Corporation plans to enhance its service offerings and expand into new markets through strategic initiatives backed by recent funding. With the acquisition by Brookdale Senior Living, Emeritus aims to leverage combined resources to develop innovative senior living solutions and potentially enter new geographic regions. The funding will support the integration of services and enhance operational efficiencies to better serve the growing senior population.