MCLEAN, VA-Sunrise Senior Living, Inc. has acquired Trinity Hospice, Inc. for $68 million. Trinity will not add much real estate to Sunrise’s holdings, a spokesperson tells, except for its headquarters in Dallas and representative offices in other cities.

However, the firm, which is expected to generate revenue of $60 million this year, will enhance Sunrise’s portfolio of 422 senior living communities as well as the 43 under construction. “It will be a contribution to revenues, accretive in 2007,” the spokesperson says.

“Trinity is a perfect complement to our growing portfolio of services enabling seniors to age with dignity,” says Paul Klaassen, chairman and CEO of Sunrise Senior Living.

Trinity operates 24 hospice programs in nine states (AZ, LA, KS, MO, MS, OK, PA, TN and TX). The hospice provider is currently a portfolio company of KRG Capital Partners, LLC, a Denver-based middle market private equity firm.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.



Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.