Sentrics is becoming a conglomerate, acquires SeniorTV

Back in August 2018 PE firm Periscope Equity launched Seniormetrics (now Sentrics) with the idea of creating a one-stop technology shop for senior living, promising solutions that ensure resident safety, entertainment, and engagement. To fulfill that promise the company acquired two companies within a week: first Silversphere, an advanced emergency call system, and now SeniorTV, a provider of senior-friendly entertainment.

Periscope is attempting to capitalize on two emerging trends in senior living. First and foremost, communities are recognizing that their lack of technology is hurting both their occupancy and operational efficiency and they’re desperate to catch up. Second, the fragmentation of offerings makes this incredibly challenging for senior living which doesn’t have much IT expertise. In creating a conglomerate Sentrics is positioning themselves as a single simple answer for all of your technology needs.

Learn more at https://seniorlivingnews.com