Ventas acquires American Realty Capital Healthcare Trust, Inc. (HCT)

Ventas acquired American Realty Capital Healthcare Trust, Inc. (HCT) for NULL (0.1688 Ventas shares or $11.33 cash per HCT share; ~28.4 million Ventas shares issued), a transaction completed in January 2015, structured as combination (cash-or-stock election; 0.1688 shares or $11.33 cash per share). The deal was a Merger.

American Realty Capital Healthcare Trust, Inc. (HCT) operates in Medical office buildings & private-pay seniors housing, is based in United States. Ventas acquired American Realty Capital Healthcare Trust, Inc. (NASDAQ: HCT) via an Agreement and Plan of Merger. The deal expanded Ventas's medical office building franchise by 4 million square feet, added over 20 new health systems to its client base and 10 new senior living operators. HCT shares converted into the right to receive either 0.1688 Ventas shares or $11.33 cash per share at each holder's election, resulting in issuance of approximately 28.4 million Ventas shares plus ~1.1 million redeemable units.

Ventas said the acquisition furthered its strategy of building a high-quality, diversified portfolio of healthcare and seniors housing assets producing reliable, growing cash flows, expanding its medical office building franchise and operator and health-system relationships.

Added 4 million sq ft of MOBs, 20+ new health systems and 10 new senior living operators. Expanded MOB franchise and client base; diversified seniors housing operator relationships. Integrated into Ventas MOB and seniors housing platforms

Advisory firms were not disclosed for this transaction.