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Corporation
HEALTHCARE | Medical Facilities & Services / Long-Term Care
genesishcc.com

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Portfolio Exits

1

Partners & Customers

8

About Genesis HealthCare

Genesis HealthCare is a skilled nursing care provider with skilled nursing centers and assisted living residences in eastern states. Genesis also supplies rehabilitation therapy to over healthcare providers.

Genesis HealthCare Headquarter Location

101 East State Street

Kennett Square, Pennsylvania, 19348,

United States

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Latest Genesis HealthCare News

White Oak Healthcare Finance Provides $395 Million Senior Credit Facility to Genesis Healthcare, Inc.

Mar 17, 2022

March 17, 2022 08:00 AM Eastern Daylight Time NEW YORK--( BUSINESS WIRE )--White Oak Healthcare Finance, LLC (“White Oak”) announced today that it acted as sole lender and administrative agent for a $395 million senior credit facility to Genesis Healthcare, Inc. (“Genesis”). With roots dating back to 1985, Genesis is a holding company with subsidiaries that, on a combined basis, offer services to more than 250 skilled nursing facilities and assisted/senior living communities in 22 states nationwide. Genesis affiliates provide high-quality post-acute care, long-term care and assisted/senior living services in the local markets in which they serve. “Genesis is a well-established and important healthcare provider in the post-acute – long-term care continuum. We are very excited to be their financing partner and to help them continue to provide high-quality services to this important population,” said Isaac Soleimani, Chairman and CEO at White Oak. “Being able to provide and hold the entire credit facility underscores our commitment to the industry and ability to deliver certainty of execution for our clients.” “We are excited about our partnership and strong relationship with White Oak,” said David Harrington, Executive Chairman at Genesis. “White Oak has a deep understanding of the skilled nursing industry as well as the challenges and opportunities within our sector. Their unique combination of domain expertise, flexibility, and transparency made the process very efficient and a great pleasure for us. This loan is an important step in the restructuring of Genesis as a leader in high-quality health care service delivery.” About Genesis HealthCare Genesis Healthcare, Inc. is a holding company with subsidiaries that, on a combined basis, offer services to more than 250 skilled nursing facilities and assisted/senior living communities in 23 states nationwide. Genesis affiliates provide high-quality post-acute care, long-term care and assisted/senior living services in the local markets in which they serve. All facilities follow a universal staff COVID-19 vaccine requirement to protect patients, residents, families and fellow colleagues. Genesis subsidiaries also supply rehabilitation therapy to approximately 1,100 healthcare providers in 43 states and the District of Columbia. Visit our website at www.genesishcc.com . Genesis is headquartered in downtown Kennett Square, Pennsylvania - a historic borough located southwest of Philadelphia and about 20 minutes northwest of Wilmington, Delaware. About White Oak Healthcare Finance White Oak Healthcare Finance, LLC (“WOHCF”), an affiliate of White Oak Global Advisors, LLC is a lender to all subsectors within the healthcare industry including healthcare services, pharma and life sciences, medical devices, healthcare technology, healthcare real estate, hospitals and SNFs. WOHCF has deep domain expertise with a sole focus on healthcare, which enables it to provide flexible and creative solutions with certainty of execution. WOHCF offers a differentiated product set including cash flow term loans, asset based loans and ABL Stretch facilities, unitranche facilities, last out financings, real estate financings, equipment financings and opportunistic investments. About White Oak Global Advisors White Oak Global Advisors, LLC (“WOGA”) is a leading alternative debt manager specializing in originating and providing financing solutions to facilitate the growth, refinancing and recapitalization of small and medium enterprises. Together with its financing affiliates, WOGA provides over twenty lending products to the market, including term, asset-based, and equipment loans, to all sectors of the economy. Since its inception in 2007, WOGA and its affiliates have deployed over $10 billion across its product lines, utilizing a disciplined investment process that focuses on delivering risk-adjusted investment returns to investors while establishing long term partnerships with our borrowers. More information can be found at www.whiteoaksf.com . Contacts

Genesis HealthCare Portfolio Exits

1 Portfolio Exit

Genesis HealthCare has 1 portfolio exit. Their latest portfolio exit was Genesis HealthCare Real Estate Assets on March 07, 2011.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

3/7/2011

Divestiture

$99M

1

Date

3/7/2011

Exit

Divestiture

Companies

Valuation

$99M

Acquirer

Sources

1

Genesis HealthCare Acquisitions

1 Acquisition

Genesis HealthCare acquired 1 company. Their latest acquisition was Sun Healthcare Group on June 21, 2012.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

6/21/2012

Other Venture Capital

$99M

$56.23M

Acquired

Date

6/21/2012

Investment Stage

Other Venture Capital

Companies

Valuation

$99M

Total Funding

$56.23M

Note

Acquired

Sources

Genesis HealthCare Partners & Customers

8 Partners and customers

Genesis HealthCare has 8 strategic partners and customers. Genesis HealthCare recently partnered with Unitek Learning on December 12, 2021.

Date

Type

Business Partner

Country

News Snippet

Sources

12/14/2021

Partner

United States

Unitek Joins Forces With Genesis HealthCare to Expand Workforce Education

By joining this partnership , Unitek Learning has committed to providing employees of Genesis HealthCare affiliates with a specialized tuition rate , waived application fee , and ability to start classes every month .

1

1/15/2021

Vendor

United Kingdom

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10

10/4/2017

Partner

United States

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10

1/12/2016

Partner

United States

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10

7/1/2015

Vendor

United States

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10

Date

12/14/2021

1/15/2021

10/4/2017

1/12/2016

7/1/2015

Type

Partner

Vendor

Partner

Partner

Vendor

Business Partner

Country

United States

United Kingdom

United States

United States

United States

News Snippet

Unitek Joins Forces With Genesis HealthCare to Expand Workforce Education

By joining this partnership , Unitek Learning has committed to providing employees of Genesis HealthCare affiliates with a specialized tuition rate , waived application fee , and ability to start classes every month .

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Sources

1

10

10

10

10

Genesis HealthCare Team

5 Team Members

Genesis HealthCare has 5 team members, including current President, Chief Medical Officer, Executive Vice President, Richard Feifer.

Name

Work History

Title

Status

Richard Feifer

President, Chief Medical Officer, Executive Vice President

Current

Jason H Feuerman

President

Current

Lou Ann Soika

Senior Vice President

Current

Bruce Broussard

Chief Financial Officer

Former

Susan Coppola

Chief Compliance Officer, Senior Vice President

Former

Name

Richard Feifer

Jason H Feuerman

Lou Ann Soika

Bruce Broussard

Susan Coppola

Work History

Title

President, Chief Medical Officer, Executive Vice President

President

Senior Vice President

Chief Financial Officer

Chief Compliance Officer, Senior Vice President

Status

Current

Current

Current

Former

Former

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