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Ropes & Gray Advises Five Star Quality Care on Deal with Omnicare

Practices: Health Care, Tax, Intellectual Property Transactions

A cross-practice team of Ropes & Gray attorneys is advising Five Star Quality Care, Inc. on the sale of its pharmacy division to Omnicare, Inc. based on an enterprise value of approximately $40 million. The closing is expected to occur during the second half of 2012.

The Ropes & Gray team was led by health care partner Timothy McCrystal and included tax partner Eric Elfman, intellectual property transactions partner David McIntosh, and benefits partner Renata Ferrari; senior attorney Josephine Greaves; associates Michael Gilbert, Alyssa Minsky, Adam Greenwood and Jennifer Rikoski.

Five Star is a national healthcare and senior living services provider. It operates and manages senior living communities, including independent living communities, assisted living communities, and skilled nursing facilities.
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