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Health Wave Partners Acquires Alamar Senior Living

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Health Wave Partners has acquired Alamar Senior Living, an assisted living and memory care community located in Wellington, Florida. The financial terms of the transaction were not disclosed. Alamar Senior Living is managed by AgeWell Senior Living, an organization that established its operations in 2009 and is based in Florida.

AgeWell Senior Living, with David Mills serving as president and chief operating officer, manages senior living communities. This acquisition by Health Wave Partners marks a strategic expansion within the senior living sector, specifically focusing on memory care services. The deal underscores the ongoing investment and activity in the senior housing and care market.

Further details regarding the acquisition and its impact on Alamar Senior Living's operations and services are expected to be released. The transaction highlights the growing demand for specialized senior care facilities and the interest from investment firms like Health Wave Partners in this segment of the healthcare industry.