Thursday, July 6, 2017

A Place for Mom Acquired By Silver Lake, General Atlantic

Seattle-based A Place For Mom, the online marketplace which helps connect families with senior living and care providers, has been acquired by private equity investors Sliver Lake and General Atlantic. Financial terms of the deal were not disclosed. A Place For Mom had been owned by private equity investor Warburg Pincus. According to the companies, General Atlantic and Silver Lake will own equal stakes in A Place for Mom. The company will continue to be led by CEO Sean Kell.