Press Release

Kirkland Represents Ventas in its Acquisition of Ardent Health Services

Kirkland & Ellis LLP represents Ventas, Inc. (NYSE: VTR), which announced today that it has signed a definitive agreement to acquire privately-owned Ardent Medical Services, Inc. (with its affiliates “Ardent Health Services”), a premier provider of health care services and one of the ten largest for-profit hospital companies in the U.S., for $1.75 billion in cash.

Ardent Health Services is owned by private equity funds managed by Welsh, Carson, Anderson & Stowe.  Based in Nashville, Tennessee, Ardent Health Services and its subsidiaries own and operate leading health systems in major markets in the U.S.  Ardent Health Services currently generates approximately $2 billion in annual revenues.  Ventas, an S&P 500 company, is a leading real estate investment trust.  Its diverse portfolio of more than 1,600 assets in the United States, Canada and the United Kingdom consists of seniors housing communities, medical office buildings, skilled nursing facilities, hospitals and other properties.

The Kirkland team was led by corporate partners Sanford Perl, Daniel Wolf and Mike Brueck and associates James Hu and Solomon Eskinazi.