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LCS

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Joel Nelson's photo - President & CEO of LCS

President & CEO

Joel Nelson

CEO Approval Rating

83/100

Founded:

1971

Status:

PrivateIndependent Company

LCS TOP COMPETITORS OR ALTERNATIVES

RANK

COMPANY

CEO

CEO RATING

EMPLOYEES

FUNDING

REVENUE

LCS's company profile
Joel Nelson's photo - President & CEO of LCS

Joel Nelson

President & CEO

83/100
625
$300M
$32M
View Profile
1
LCS's Competitor - Holiday Retirement logo
Lilly Donohue's photo - CEO of Holiday Retirement

Lilly Donohue

CEO

81/100
3,800
- -
$1B
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2
LCS's Competitor - Merrill Gardens logo
David Eskenazy's photo - President of Merrill Gardens

David Eskenazy

President

83/100
2,500
- -
$197M
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3
LCS's Competitor - Atria Senior Living logo
John A. Moore's photo - Chairman & CEO of Atria Senior Living

John A. Moore

Chairman & CEO

80/100
18,000
- -
$778.5M
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4
LCS's Competitor - Sunrise Senior Living logo
Jack R. Callison's photo - CEO of Sunrise Senior Living

Jack R. Callison

CEO

82/100
28,000
- -
$1.2B
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5
LCS's Competitor - Inspired Living logo
Steve Benjamin's photo - CEO of Inspired Living

Steve Benjamin

CEO

89/100
130
$117.8M
$23M
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6
LCS's Competitor - American House logo
Dale Watchowski's photo - President & CEO of American House

Dale Watchowski

President & CEO

89/100
130
- -
$19.1M
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7
LCS's Competitor - Emeritus logo
CEO Avatar

CEO

- -
32,000
- -
$2B
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8
LCS's Competitor - Felicita Vida logo
CEO Avatar

CEO

- -
30
- -
$4M
View Profile
9
LCS's Competitor - Trilogy Health Services, LLC logo
Leigh Ann Barney's photo - President & CEO of Trilogy Health Services, LLC

Leigh Ann Barney

President & CEO

90/100
1,200
- -
$25M
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10
LCS's Competitor - Brookdale Senior Living Inc. logo
Lucinda M. Baier's photo - President & CEO of Brookdale Senior Living Inc.

Lucinda M. Baier

President & CEO

63/100
43,200
$315M
$3.1B
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Missing a competitor? Contribute!

Holiday Retirement is the biggest rival of LCS. Holiday Retirement was founded in 1971, and its headquarters is in Winter Park, Florida. Holiday Retirement operates in the Health Care Services industry. Holiday Retirement has 3,175 more employees than LCS.

Merrill Gardens has been one of LCS's top competitors. Merrill Gardens is a Private company that was founded in Seattle, Washington in 1993. Merrill Gardens competes in the Retirement support Services industry. Merrill Gardens has 1,875 more employees vs. LCS.

Atria Senior Living is LCS's #3 rival. Atria Senior Living was founded in 1996 in Louisville, Kentucky. Atria Senior Living is in the Health Care Services industry. Atria Senior Living generates $746.5M more revenue than LCS.

LCS Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Essex Meadows, Inc.

Dec 2018

Source »
undisclosed
Essex Meadows owns and operates lifecare communities such as independent living, senior care and assisted living residences.
Sandhill Cove Properties, Inc.

Dec 2018

Source »
undisclosed
Sandhill Cove owns and operates senior care facilities such as independent living, skilled nursing and assisted living residences.
Brandon Wilde Life Care Community

Sep 2018

Source »
undisclosed
Brandon Wilde provides home care and assisted living services for senior citizens.
Arbor Glen

Jul 2018

Source »
undisclosed
Arbor Glen is a full-service senior living community that specializes in offering maintenance-free independent living facilities.
Danberry at Inverness, Inc.

Apr 2014

Source »
undisclosed
Danberry at Inverness provides services for real estate.

These are all the companies that LCS has acquired. LCS has acquired 6 companies and its latest acquisition was Essex Meadows, Inc. in Dec 2018. Essex Meadows owns and operates lifecare communities such as independent living, senior care and assisted living residences.

LCS Funding History

Since LCS was founded in 1971, it has participated in 1 round of funding. In total LCS has raised $300.0M. LCS's funding round was on Jul 2018 for a total of $300.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Investment Fund
Jul 2018
$300M
-

Since LCS was founded in 1971, it has participated in 1 round of funding. In total LCS has raised $300.0M. LCS's funding round was on Jul 2018 for a total of $300.0M

LCS Investments

No recent investments found related to LCS

LCS News

January 13, 2021Business Record

LCS partners with TalentGro to offer registered apprenticeships at care facilities

Two Iowa senior living communities managed by Des Moines-based LCS Corp. are using a state grant to f... See more »
January 20, 2020MarketScreener

LCS Hires Charles Murphy to Lead Development and Real Estate Business

(marketscreener.com) Des Moinies, Iowa, Jan. 20, 2020 -- LCS announced today it hired Charles Murphy ... See more »
April 29, 2019Market Cheetah

LCS Focuses on Building Technology-Driven Business Value

DES MOINES, Iowa, April 29, 2019 /PRNewswire/ - LCS, the nation's second-largest operator of senior l... See more »
February 12, 2019businessrecord

LCS Foundation donates $75,000 to Simpson for Health Services Leadership program

mpson College’s Health Services Leadership program has received a gift of $15,000 per year for five y... See more »
December 31, 2018StreetInsider

LCS Acquires Senior Living Communities in Florida and Connecticut

Des Moines, Iowa, Dec. 31, 2018 (GLOBE NEWSWIRE) -- LCS, the nation’s second largest senior living op... See more »
December 6, 2018Business Record

LCS plans senior living center in N.J.

Des Moines-based LCS has started construction on a senior living complex, the Delaney of Bridgewater,... See more »
December 4, 2018REBusinessOnline

LCS Starts Construction of 262,000 SF Senior Housing Community in New Jersey

BRIDGEWATER, N.J. - LCS has closed acquisition financing and started construction of The Delaney of B... See more »

LCS Blogs

October 16, 2020LCS Blog

LCS Foundation Donates to Vision 2025

Contribution supports career education in senior living Vision 2025, a national campaign to bolster t... See more »
October 15, 2020LCS Blog

Resident Health and Safety Remains Priority for LCS

Life Plan Communities well-positioned to respond to pandemic During the pandemic, LCS has continued t... See more »
October 15, 2020LCS Blog

LCS Identifies Career Paths for Future Staff

CEO notes new strategies in place for next generation of employees Focusing on internship programs, p... See more »
October 15, 2020LCS Blog

LCS CFO Says Reporting Expenses Critical During Pandemic

Response to COVID-19 requires greater insight At the beginning of the pandemic it was apparent additi... See more »
October 15, 2020LCS Blog

LCS Executive Participates on Panel Discussion

Bridgewater says expense reporting critically important Reporting on expenses related to COVID-19 was... See more »
September 8, 2020LCS Blog

Georgetown University Names LCS Foundation Scholarship Recipient

First honoree will create universal template to benefit seniors   DES MOINES, Iowa, September 8,... See more »
June 29, 2020LCS Blog

LCS Foundation Announces New Board Members

The LCS Foundation has four core areas of focus supported by charitable contributions   DES MOIN... See more »

LCS Press Releases

January 7, 2020Business Wire

NHI Announces Agreement to Form a Joint Venture with LCS to Buy Timber Ridge CCRC in Issaquah, WA

MURFREESBORO, Tenn.--(BUSINESS WIRE)--National Health Investors, Inc. (NYSE:NHI) announced today that... See more »
January 2, 2020PR Newswire

Fundamental Advisors Announces Sale of The Clare at Rush and Pearson to LCS

NEW YORK, Jan. 2, 2020 /PRNewswire/ -- Fundamental Advisors LP ("Fundamental"), a leading alternative... See more »
December 21, 2018streetinsider

NHI Announces $180M Loan for Arizona CCRC Project with LCS

MURFREESBORO, Tenn.--(BUSINESS WIRE)-- National Health Investors (NYSE: NHI) announced today it has a... See more »
May 16, 2018GlobeNewswire

LCS Reaches Agreement with Ocean Land Investments to Provide Development Consulting and Management Services for Riverwalk Residences of Las Olas

Innovative, urban senior living community will be first-to-market in South FloridaInnovative, urban s... See more »
April 18, 2018GlobeNewswire

LCS Development Selected to Develop Expansion of Senior Living Community in Boca Raton, Florida

Des Moines, Iowa, April 18, 2018 (GLOBE NEWSWIRE) -- LCS Development, An LCS Company, has been select... See more »
April 11, 2017Blackbird

Life Care Services Adopts Oracle HCM Cloud

Oracle announced today, that Life Care Services (LCS) has chosen Oracle Human Capital Management (HCM... See more »
April 7, 2017Blackbird

LCS Grows Real Estate Investment Portfolio

DES MOINES, IA-(Marketwired - April 07, 2017) - LCS® announced the company added to its real estate p... See more »

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LCS Headquarters

400 Locust Street Suite 820

Des Moines, Iowa50309

888-981-9150

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LCS Summary

ABOUT

Overview

LCS provides property development, home health care, operational management and ancillary services for senior living communities. LCS was founded in 1971. LCS's headquarters is located in Des Moines, Iowa, USA 50309. It has raised 300.0M in 1 round. T...

CEO

LCS's President & CEO, Joel Nelson, currently has an approval rating of 83%. LCS's primary competitors are Holiday Retirement, Merrill Gardens & Atria Senior Living.

Website

lcsnet.com

Frequently Asked Questions about LCS

  1. When was LCS founded?

    LCS was founded in 1971
  2. Who is LCS's CEO?

    LCS's CEO is Joel Nelson
  3. How much revenue does LCS generate?

    LCS generates $32M in revenue
  4. How much funding does LCS have?

    LCS has historically raised $300M in funding
  1. Where is LCS's headquarters?

    LCS's headquarters is in Des Moines Iowa, USA
  2. How many employees does LCS have?

    LCS has 625 employees
  3. What sector does LCS operate in?

    LCS is in Health Care Services, Health Care Facilities
  4. Who are LCS's competitors?

    LCS's top competitors are Holiday Retirement, Merrill Gardens, Atria Senior Living