LifeLoop has acquired engagement platform Linked Senior, bringing collectively the 2 companies underneath one banner.
Paige Mantel, chief advertising and marketing officer at LifeLoop, stated each firms are largely complementary and have a shared philosophy of bettering the senior residing resident expertise utilizing know-how.
Below the acquisition, Linked Senior Founder and CEO Charles de Vilmorin and Linked Senior Co-Founder and COO Jeff Moore are altering roles to change into basic supervisor and vice chairman.
Monetary phrases of the deal weren’t disclosed.
LifeLoop is augmenting its platform and library of medical content material with Linked Senior’s evidence-based engagement programming. Present Linked Senior customers get entry to new calendar administration, resident and household communication apps, digital shows and transportation request features by the acquisition.
Mantel added the acquisition of Linked Senior will amplify LifeLoop’s means to behave as strategic companions for patrons.
“Our shared imaginative and prescient is bringing the best-of-breed resident expertise answer to the market to proceed to allow operators to ship distinctive resident experiences,” Mantel informed Senior Housing Information. “Meaning we’ll proceed to drive this class ahead with each imaginative and prescient and intention, as we constantly innovate our whole answer to carry senior residing operators the assets and assist they want.”
LifeLoop is thru the acquisition including to its buyer base 50,000 new residents and 600 communities within the U.S. and Canada to it’s present base of 500,000 residents and 4,700 communities. Mantel stated the combining firms at the moment are targeted on avoiding disruptions and sustaining high quality for these newcomers.
Mantel famous the strategic acquisition allows the “acceleration of its imaginative and prescient to impression the lives of 1 in three older adults in senior residing by 2027.”
