Healthcare Services Acquires Nexdine Hospitality for $93.5 Million
MT newswire2026/10/07 13:3309:33 AM EDT, 10/07/2026 (MT Newswires) -- Healthcare Services Group (HCSG) said Wednesday it has acquired hospitality service management firm Nexdine Hospitality for an upfront purchase price of $93.5 million, plus potential contingent consideration upon achieving certain performance targets. Nexdine will operate as a subsidiary of Healthcare Services and retain its brand identity and current leadership team, including founder and chief executive officer David Lanci, the company said. The transaction, funded by cash on hand, is expected to contribute more than $150 million in annual revenue, Healthcare Services said.
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