Clearview Capital has sold Senior Care / Active Day to Audax Group
Lincoln International (“Lincoln”), a leading global mid-market investment bank, is pleased to announce that Clearview Capital, LLC (“Clearview”) has sold Senior Care / Active Day, Inc. (“Senior Care” or the “Company”) to Audax Group. Terms of the transaction were not disclosed.
Based in Trevose, Pennsylvania, Senior Care is the nation’s premier operator of adult day health centers, providing differentiated and comprehensive medically intensive and cost-effective care services to elderly and developmentally delayed adults. The Company operates 80 locations in 11 states and serves approximately 4,000 members on a daily basis.
Lincoln acted as the exclusive financial advisor to Senior Care, working closely with the Company’s shareholders and management team throughout the sale process. This included providing advisory expertise and managing the negotiation and due diligence phases of the transaction.
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