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All Press Releases for September 15, 2002 Subscribe to this News Feed    
 

Assisted Living Company to acquire 2 new facilities worth over $1.3 million.

With over 600 shareholders, Carters Care Corporation is expanding its reach in the Assisted Living industry.

With a $1.3 million dollar acquisition pending, Carters Care Corporation, is expanding its reach in the assisted living industry through Carters Care Centers (CCC)(A wholly owned subsidiary). In addition to operating assisted living facilities, CCC controls the real estate for each of its facilities, putting it one step ahead of its competition. CCC is a business devoted to Professional Assisted Living for the elderly. Committed to providing and being responsive to the needs of elderly patients, CCC sets itself apart by providing tailored services to each individual to supply the best possible care. Founded in 1999, CCC has averaged 1.5 acquisitions per year. CEO Mr. Richard and CFO Anne Carter have given a green light for CCC to expand its reach by identifying acquisitions in the $1 million to $10 million dollar range. The company is currently focusing its acquisition efforts on the highly fragmented North Carolina marketplace. CCC currently has over 600 shareholders it acquired as the result of a reverse merger, and is contemplating an IPO in the near future. Led by the talents of Richard M. Carter and Anne P. Carter, Richard has over fourteen years of professional experience in business, insurance investment, and corporate strategy. Anne holds a Masters degree from Tuskegee University. She has been an educator for 28 years where she helped develop and instill confidence in young minds. Anne has held the position of CFO and VP of finance for the American Childcare Centers of Atlanta, GA. CCC is a winning combination for two reasons. First, caring for the elderly which has been an integral part of our society since the beginning of time, and Second; Real estate investing has always been recognized as a sound method to produce profits. It is common knowledge that attitude determines altitude. Just watch CCC soar.

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Richard Carter
Carters Care Corporation
909-421-0778
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