Stout served as exclusive financial advisor to Premier Health Care Management, Inc. (“Premier”) on the sale of its one assisted living and five skilled nursing facilities in the Detroit metropolitan area. Previously operating as a joint venture, these six facilities manage 1,062 beds, employ over 2,000 people, and are highly rated for their superior quality care. Five of the six entities were acquired by Optalis Healthcare, Inc., a leading skilled nursing and senior living company based in Novi, MI. Premier CEO and Co-Founder Tim Spiro will now independently own and operate the West Bloomfield, MI Health and Rehabilitation Center.

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