Who owns Sunrise Senior Living? This question is often asked by those interested in understanding the background and management of one of the leading senior living providers in the United States. Established in 1981, Sunrise Senior Living has grown to become a well-respected name in the senior care industry, offering a range of services including independent living, assisted living, and memory care. In this article, we will delve into the ownership details of Sunrise Senior Living and explore its history and current management structure.
Sunrise Senior Living was founded by two brothers, Paul and Ken Minsky, who saw a need for quality senior care services. Initially, the company operated as a small family business, but its reputation for providing exceptional care quickly spread. Over the years, Sunrise Senior Living has expanded its presence, now operating in multiple states across the United States.
In 2007, Sunrise Senior Living was acquired by the private equity firm, Apollo Global Management. This acquisition marked a significant turning point for the company, as it allowed for further growth and expansion. Apollo Global Management has a strong track record in the healthcare industry, and their investment in Sunrise Senior Living has been instrumental in the company’s continued success.
Under Apollo Global Management’s ownership, Sunrise Senior Living has focused on enhancing its services and expanding its footprint. The company has invested in technology, staff training, and facility upgrades to ensure that residents receive the highest quality of care. Additionally, Apollo Global Management has supported Sunrise Senior Living’s commitment to innovation and has encouraged the company to explore new ways of delivering senior care.
As of now, the ownership of Sunrise Senior Living remains with Apollo Global Management. However, the company has also fostered a culture of leadership and collaboration, allowing for a diverse group of individuals to contribute to its success. This includes a dedicated team of senior living professionals, board members, and investors who are committed to the mission of providing a fulfilling and enriching lifestyle for seniors.
In conclusion, the ownership of Sunrise Senior Living is currently held by Apollo Global Management, a private equity firm with a strong presence in the healthcare industry. Their investment and support have enabled Sunrise Senior Living to grow and thrive, while maintaining its commitment to providing exceptional senior care. As the senior living landscape continues to evolve, Sunrise Senior Living remains a leader in the industry, driven by its ownership and the dedication of its team members.