Beverly sale closes; execs retire [Northwest Arkansas]
Beverly Enterprises Inc. Chief Executive William Floyd and others retired Wednesday, a day after the company was sold, and the new owner continues to mull over the business’s future.
Fort Smith-based Beverly also said Wednesday that Randy Churchey will become the new chief executive of the nursinghome company, the second-largest in the country.
Beverly was acquired by Pearl Senior Care LLC, a subsidiary formed for the purchase by San Francisco-based Fillmore Capital Partners LLC, a private equity firm.