PACS Group, Inc. (NYSE: PACS) entered a definitive agreement to acquire 34 skilled nursing facilities from Eduro Healthcare. The portfolio consists of 3,633 skilled nursing beds across six states. This strategic move expands the company’s geographic footprint into four new states. The facilities are located in Texas, Montana, South Dakota, New Mexico, North Dakota, and Utah.
The acquisition will close in several phases subject to regulatory approvals. Management expects to finalize the majority of the transaction by the third quarter of 2026.
PACS Group did not disclose the financial terms of the deal. CEO Jason Murray confirmed the company will retain the facilities' current staff and residents.