BDT & MSD Partners will acquire a majority stake in Sunrise Senior Living from PSP Investments in a deal valued at about $1 billion, with senior leadership retaining a stake. The buyer is linked to Michael Dell. Sunrise is a U.S. senior housing operator with luxury assets including ritzy New York City towers.
💡 Frequently Asked Questions (FAQ)
- Q: Who is buying Sunrise Senior Living?
- A: BDT & MSD Partners will acquire a majority stake from PSP Investments in an approximately $1 billion transaction, with senior leadership retaining a stake.
- Q: How is Michael Dell connected to the acquisition?
- A: MSD Partners, part of the buyer group, is linked to Michael Dell, founder of Dell Technologies.
- Q: What is Sunrise Senior Living?
- A: Sunrise Senior Living is a U.S. senior housing operator with luxury assets including high-end towers in New York City.