Selectis Health, Inc. Overview
Pro stress-test →Selectis Health owns and operates Assisted Living Facilities, Independent Living Facilities, and Skilled Nursing Facilities across the South and Southeastern portions of the US. The company currently operates eight properties in Arkansas and Oklahoma, providing post-acute and skilled nursing care, assisted and independent living services, and continuing care retirement programs.
Strategic Profile
Pro stress-test →In 2019, the company shifted from leasing long-term care facilities to third-party operators toward an owner-operator model. The company is undergoing a significant transition: Selectis Health entered into a definitive agreement to be acquired by affiliates of Black Pearl Equities through a cash tender offer at $5.75 per share.
Competitive Landscape
Pro stress-test →Selectis operates in the fragmented senior housing and skilled nursing facility sector, competing with larger regional chains and regional REIT operators. Investors comparing GBCS often look at related companies including Veltex (VLXC), Xcelerate Inc (XCRT), Revitalist Lifes (RVLWF), Healthlynked (HLYK), and Biocorrx Inc (BICX). The company's micro-cap status and operational challenges position it as a smaller-scale player.
Industry Context
Selectis Health, Inc. operates in Senior housing and skilled nursing facilities.
Key facts
Founded: 1978 · Headquarters: Denver, Colorado · Employees: N/A · Revenue: $41.4M (TTM) · Market cap: $9.8M