Big Rock Partners Acquisition Corp. is a Special Purpose Acquisition Company, a $69 million publicly-traded company (NASDAQ: BRPAU) that is targeting the acquisition of senior housing operators with a market capitalization ranging from $200-$500 million.
We intend to seek to acquire senior housing operators with the following characteristics:
- Have strong competitive positions, proven business models, consistent historical financial performance and attractive growth prospects;
- Seek the liquidity of public capital markets;
- Will benefit from economies of scale.
Big Rock Partners Acquisition Corp. will generally focus on Independent Living, Assisted Living, and Memory Care operators but will be open to all opportunities within senior housing. Big Rock is open to all geographic regions nationwide. Target operators may either own, lease, or manage the real estate assets.