These include:
– Akron, Ohio-based SeniorTV, a provider of television entertainment, community-specific programming, Wi-Fi and voice solutions for senior living communities in the U.S., and
– Daytona Beach, Florida-based Silversphere, which delivers a suite of interconnected safety solutions to senior living communities that detect, alert and predict resident needs through remote monitoring, which helps caregivers deliver proactive care and prevent emergencies.
The two acquisitions, whose amount was not disclosed, aim to expand the Sentrics’ product offerings, with the combined company now serving approximately 500,000 residents in over 5,000 communities.
Sentrics is an integrated system of data-driven technology companies delivering a comprehensive engagement offering designed to drive greater outcomes across the senior living care continuum. Platform services include emergency call, life safety, environmental and activity monitoring, entertainment, connectivity and life enrichment within a single building or throughout a sprawling campus.
The company is backed by Chicago-based private equity firm Periscope Equity LLC.
FinSMEs
26/04/2019