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GCC-Prospect Engaged by Senior Solutions Now, Inc. McLean, VA – March 10, 2009– GCC-Prospect Corporation (GCC Prospect), a wholly-owned subsidiary of GCC, announced today the firm has been engaged by Senior Solutions Now, Inc. (Senior Solutions), a corporation specializing in developing, constructing and managing faith-based, senior assisted and independent living housing communities and campuses throughout Florida, Georgia and Mississippi. “Senior Solutions is an emerging company in the senior living space that is lead by a seasoned management team who are committed to the Company’s success,” said Rich Stewart, President of GCC-Prospect. “We look forward to working with their leadership team in securing the appropriate capital needed to enhance their organization.” Senior Solutions, including its five wholly-owned subsidiaries, is structured to be a full service company providing an “all in one” business model to faith-based, not-for-profit organizations. The Company currently manages 11 senior living facilities, a total of 1224 units, and is in the process of developing and constructing four new facilities which the Company will operate and manage once construction is complete. Senior Solutions, incorporated in March 2007, is headquartered in Olive Branch, Miss. with a satellite management office in Ponte Vedra Beach, Fla. “This is a real opportunity for our Company to get the capital we need in order to grow our business and continue expanding and developing facilities,” said John R. Dunlap, President of Senior Solutions. “We are enthusiastic about this partnership with GCC-Prospect and the future of our Company.” About GCC GCC-Prospect Corporation is a wholly-owned subsidiary of Galen Capital Corporation (GCC) (www.galencc.com). GCC is a merchant banking, wealth management and financial services firm dedicated to small, middle-market companies and high net worth individuals. GCC offers merchant and investment banking, strategic advisory and consulting services, family wealth management services and the capabilities of a fifty state broker/dealer to clients. GCC is headquartered in McLean, VA, with offices in Los Angeles, Calif.; Nashville, Tenn. and Durango, CO, and satellite offices in San Diego, Calif. and Colorado Springs, CO. GCC has global relationships with international banking firms in London, UK. The firm is owned and managed by a group of experienced financial and industry professionals. # # # Contact: |
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