The Well-Spring Group, established in 1987 and headquartered in Greensboro, North Carolina, is a not-for-profit organization dedicated to providing comprehensive aging-adult services. Its mission is to create experiences that exceed the needs of an evolving and diverse population of older adults.
In June 2023, The Well-Spring Group merged with Brightspire to form Kintura, the largest not-for-profit senior living organization in North Carolina and among the top 40 nationwide. This merger encompasses five life plan or continuing care retirement communities, serving over 2,000 residents and employing more than 2,100 team members across North Carolina.
Kintura's strategic focus is on enhancing the quality and breadth of services offered to older adults. The organization specializes in providing a continuum of care that includes independent living, assisted living, memory care, skilled nursing, adult day programs, and therapy services. By combining resources and expertise, Kintura aims to expand its services, introduce new products to the market, and attract and retain top industry talent.
The merger between The Well-Spring Group and Brightspire was structured as an equal partnership, with both organizations contributing equally to fund the launch of Kintura. No cash was exchanged in the transaction, and the charitable foundations of both organizations remain unchanged. The combined entity is projected to have greater financial resources to invest in services and expanded programs.
Kintura's portfolio includes five life plan communities:
- Glenaire in Cary
- River Landing at Sandy Ridge in High Point
- Scotia Village in Laurinburg
- The Village at Brookwood in Burlington
- Well-Spring in Greensboro
Additionally, Kintura offers home- and community-based services through Well-Spring Solutions, manages two affordable senior housing communities in Raleigh, and holds a majority partnership in PACE of the Triad, a program serving Guilford, Forsyth, Rockingham, Stokes, and Surry counties.
Kintura distinguishes itself through its comprehensive continuum of care, offering a range of services from independent living to skilled nursing and memory support. The organization emphasizes a resident-centered approach, ensuring that each community retains its unique culture and traditions while benefiting from the collective strength and resources of the merged entity.
The leadership team of Kintura is co-headed by Stephen Fleming and Timothy Webster, who serve as co-Presidents and CEOs. Fleming, formerly the President and CEO of The Well-Spring Group, focuses on organizational strategy, while Webster, previously the President and CEO of Brightspire, emphasizes operations.
The merger to form Kintura was finalized in June 2023, with both Fleming and Webster assuming their co-leadership roles at that time.
The senior living industry is experiencing significant growth due to an aging population. Kintura's formation positions it as a leading provider in this expanding market, offering a comprehensive range of services to meet the diverse needs of older adults.
Key competitors in the senior living sector include organizations such as Full Life Care, Adult Day Care, Jewish Association on Aging, Wartburg, and Eliza Jennings. These entities offer various services ranging from adult day programs to comprehensive care facilities.
The merger between The Well-Spring Group and Brightspire to form Kintura represents a significant strategic collaboration, combining resources, expertise, and services to better serve the aging population in North Carolina. This partnership enhances the organization's capacity to invest in services, expand programs, and attract top talent.
Kintura's strategic roadmap includes expanding its service offerings, investing in innovative care solutions, and strengthening its market position through strategic partnerships and collaborations. The organization's combined strengths position it to effectively address the evolving needs of the aging population and achieve its future objectives.
For more information, visit Kintura's official website.
