Tryko Partners Grows in Mid-Atlantic with Acquisition of 3 Skilled Nursing Facilities

Tryko Partners, a Brick-based private equity investment firm, announced on Monday it has acquired three skilled nursing facilities in Virginia. The facilities, which were all part of the Cambridge Healthcare portfolio, include: Woodbine Rehabilitation & Healthcare; Lexington Rehabilitation & Healthcare; and Westmoreland Rehabilitation & Healthcare. Each facility has post-hospital care, short-term rehabilitation and long-term residential care. “This purchase marks our foray into Virginia, and the combined, 563 bed count has enabled us to immediately establish a significant footprint in this desirable market,” Uri Kahanow, director of acquisitions, Tryko, said. “For us, this region is a natural progression, given that we have a well-established skilled nursing presence in Maryland and other key Mid-Atlantic markets to the north.”

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Source: https://www.roi-nj.com/2020/02/25/healthcare/tryko-partners-grows-in-mid-atlantic-with-acquisition-of-3-skilled-nursing-facilities

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