PETERBOROUGH, ON, July 4, 2024
/CNW/ - Omni Quality Living ("Omni"), a portfolio business of
The Hillcore Group, a leader in long-term care and senior living,
is pleased to announce effective July
2nd, 2024, it has assumed the management of five
high-quality long-term care homes located in Southwestern Ontario. This strategic
initiative marks a significant expansion for Omni, increasing its
total bed/suite count by approximately 30%.
The homes, representing a total of 687 beds, are part of a
long-standing tradition of excellence in resident care. As part of
this agreement, Omni Quality Living is also pleased to welcome all
team members at the homes and many of the management team from
APANS Health Services into the Omni family.
"We are excited to welcome these exceptional long-term care
homes and their dedicated teams into the Omni family," said
Raheem Hirji, President and CEO at
Omni Quality Living. "This expansion aligns perfectly with our
mission to provide compassionate, high-quality care to seniors
across Ontario. We look forward to
building upon the stellar track record of excellence of APANS
Health Services and continuing to deliver outstanding care to
residents."
"We are pleased to partner with Omni Quality Living, an
organization that shares our commitment to excellence in resident
care," said Mary Raithby, CEO of
APANS Health Services. "This transition ensures that our residents
will continue to receive the highest level of care and that our
staff will be supported by a team that values their dedication and
expertise."
The addition of these homes not only expands Omni's capacity to
serve more residents but also strengthens its geographical presence
across Ontario, balancing its
portfolio across the
region.
The expanded reach of Omni's services across Southwestern Ontario.
"The integration of these care homes into Omni's portfolio
represents a significant step forward in our strategy to expand
Omni's footprint in the healthcare sector," added Michael Doner, Managing Director at the Hillcore
Group. "This initiative not only enhances our service capacity but
also underscores our commitment to improving healthcare
infrastructure and access across the region."
Omni Quality Living is committed to maintaining the legacy of
excellence these homes are known for and to integrate seamlessly
the values and practices that have made APANS Health Services a
respected name in healthcare.
About Omni Quality Living
At Omni Quality Living, our passion is people. Established in
1975, Omni is one of the more prominent and trusted operators of
long-term care and retirement homes in Canada, with 22 residences across Ontario and New
Brunswick. Visit www.omniqualityliving.ca for more
information.
About The Hillcore Group
Hillcore Group is an active purchaser and operator of various
businesses across Canada, with a
focus on backing management buyouts.
The Hillcore Group is a leading independent Canadian investment
and advisory firm. We invest predominantly in the life sciences,
real estate, seniors living, financial, industrial, logistics,
forestry, and energy sectors. We have offices in Toronto, Vancouver, Edmonton, and Calgary. Through our various groups and
portfolio companies, we employ more than 7,500 people throughout
Canada.
Entities under our management have an asset value in excess of
$5 billion. Since 2005, we have
completed acquisitions, directly or indirectly through our
investment funds, with an aggregate asset value in excess of
$9 billion.
Visit www.HillcoreGroup.com for more information.
SOURCE Hillcore Group