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Ventas acquires Ardent Medical Services for $1.75 billion

Ventas, Inc. acquired privately-owned Ardent Medical Services, Inc., a premier provider of healthcare services and one of the ten largest for-profit hospital companies in the U.S., for $1.75 billion. Concurrent with the closing of the transaction, Ventas separated Ardent's hospital operations from its owned real estate and sold the hospital operations to a newly formed and capitalized operating company.

Waller served as special healthcare, real estate and diligence counsel to Ventas, Inc.

For additional information, see media coverage here.