HSG Acquires Senior Dining Specialist

Healthcare Services Group, Inc., has announced that it signed a definitive agreement and plan of merger to acquire all of the capital stock of Summit Services Group, Inc., a privately held housekeeping, laundry and food services provider to the eldercare market.based in Newton Lower Falls, MA. The deal is for $17.2 million plus the assumption of approximately $1 million in net liabilities.

Like Summit, HSG provides a variety of managed services, including foodservice, to

Register to view the full article

Please register to access this content.

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish