Oaklyn Consulting congratulates its client Chestnut Funds on the company’s recent acquisition by Anchor Health Properties, which was announced this month.
The transaction expands a longstanding partnership between Chestnut Funds, a healthcare real estate investment manager, and Anchor Health Properties, a national, full-service healthcare real estate development, management and investment firm serving investors and health systems.
- Oaklyn Consulting assisted Steen Watson, founder of Chestnut Funds, with negotiating a deal that included both the sale of his company and a key ongoing role with Anchor.
- As president of Anchor Health Capital, a fund advisory and investment management subsidiary of Anchor Health Properties, Watson will continue to lead day-to-day management and oversight.
- Since 2014, Chestnut Funds and Anchor Health Properties have co-invested in and co-managed funds overseeing nearly 100 healthcare facilities, creating a friendly, constructive tone for negotiations.
- Bringing the firms together into a single, vertically integrated national platform positions Anchor Health Capital to continue focusing on disciplined investment management and long-term alignment with health system and private provider partners.
- This transaction was a natural fit for Oaklyn Consulting’s hourly consulting model for investment banking advice.
Oaklyn Consulting is a different kind of investment banking firm for small- and medium-sized companies under private ownership. Oaklyn plans and executes its clients’ most complex transactions, including mergers, acquisitions, capital-raising, recapitalizations, and lender and investor relations. Oaklyn supports businesses, investment firms, nonprofits, co-ops and partnerships. By working as consultants, not brokers, Oaklyn helps in situations where traditional investment bankers typically cannot.