Martins Run, a continuing care retirement community in Marple Township, plans to join Wesley Enhanced Living, a senior-living provider in Hatboro with eight communities in Bucks, Montgomery, and Philadelphia Counties, the two nonprofits announced.
Founded in 1980, Martins Run has 258 units on its 22-acre Delaware County campus and offers independent living, personal care, and rehabilitation and skilled nursing services.
The organization reported $15.4 million in revenue in 2012, the most recent year available. Wesley, which traces its roots to 1888, has 1,140 units and employs 900. Its 2013 revenue was $52.3 million, according to its annual report. The merger is expected to be completed in the first quarter of next year.