Affiliates of Genesis’ investor ReGen Healthcare, a private equity firm, have entered into a deal to acquire Genesis, according to bankruptcy court documents.

Pennsylvania-based Genesis HealthCare owns 175 nursing facilities across the country, but the company said that due to financial hardships in recovering from the pandemic and a rise in litigation, it had to file for bankruptcy, The Wall Street Journal first reported.

Genesis Healthcare Inc. — an operator of skilled nursing and assisted living facilities — and its subsidiaries have filed for Chapter 11 bankruptcy.