Through ISL deal, Discovery begins to reflect the growth strategy that has changed the hospitality industry
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Thanks to a new review from Lee Equity and Coastwood, Integral Senior Living (ISL) is now closely aligned with Discovery Senior Living. The move has industry-wide implications and echoes the example of Aimbridge Hospitality, which Lee Equity backed in 2013 and helped grow into the nation’s largest independent hotel management firm.
On the face of it, the summary brings together two major operators that will collectively manage 27,000 senior housing units in 36 states. While this would effectively create the country’s fifth-largest senior housing operator, the deal’s significance goes beyond scale.
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