American Baptist Homes of the West (ABHOW) has announced a merger with be.group, a nonprofit senior living provider.
David Ferguson, ABHOW CEO, will become executive advisor when the merger is finalized and John Cochrane, be.group CEO, will assume leadership of the combined organization at the close of the merger.
The merged company will provide continuing care, affordable housing, assisted living, and memory support to 9,800 residents in 83 communities across California, Arizona, Nevada, Washington, and Oklahoma.
The merger must be approved by several state agencies. Upon regulatory approval, the two companies will merge. The companies expect the merger to be finalized in early 2016.
