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$2.2 Billion Merger Causes Nursing-Home Giant Beverly Enterprises to Change Name & Appoint New Leadership

April 10, 2006 $2.2 Billion Merger Causes Nursing-Home Giant Beverly Enterprises to Change Name & Appoint New Leadership On March 15, 2006, after purchasing Beverly Enterprises Inc., for $2.2 billion on March 14, 2006, private equity firm Fillmore Capital Partners LLC appointed Randy Churchy as chief executive officer. After the merger, Beverly has assumed the new name of Golden Gate National Senior Care LLC (GGNSC). According to Mr. Churchy, the Beverly Enterprises name will continue to exist on nursing homes operated under lease agreements. All other nursing homes will be changed to Golden Gate. Currently Beverly is . . .

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