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PACS Group acquires 32 Florida nursing facilities

PUBLIC · PACSSep 01, 20266 days ago

Acquiring Company

PACS Group

Acquired Company

WORQ

FarmingtonMalaysiaHealth Care

Description

PACS Group, Inc. has announced the acquisition of operations for 32 skilled nursing facilities across Florida. The facilities will enhance PACS's portfolio in the region and are expected to integrate into local healthcare networks. This acquisition adds significant capacity to PACS's operations. The acquisition was completed through definitive agreements with existing REIT landlords.

Company Information

Company

PACS Group

Location

Farmington, Utah, United States

About

PACS Group, Inc. is a holding company investing in post-acute healthcare facilities, professionals, and ancillary services. Founded in 2013, PACS Group is one of the largest post-acute platforms in the United States.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired WORQ?

WORQ was acquired by PACS Group, based in Farmington. The deal was reported on September 1, 2026. PACS Group, Inc. is a holding company investing in post-acute healthcare facilities, professionals, and ancillary services. Founded in 2013, PACS Group is one of the largest post-acute platforms in the United States. PACS Group is publicly traded (PACS) and operates in Health Care.

When did PACS Group acquire WORQ?

PACS Group's acquisition of WORQ was reported on September 1, 2026. PACS Group, Inc. has announced the acquisition of operations for 32 skilled nursing facilities across Florida. The facilities will enhance PACS's portfolio in the region and are expected to integrate into local healthcare networks. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does WORQ do?

Malaysia-based co-working space provider with a goal to expand its co-working space operations. It is privately held, and is based in Malaysia.

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