Audax Group buys elderly care platform from Clearview
December 10, 2015
Audax Group has partnered with management to acquire Active Day/Senior Care, a provider of adult day health services and in-home personal care, from Clearview Capital. Golub Capital, as administrative agent, sole lead arranger and sole bookrunner, provided a one-loan debt financing and equity co-investment to support the transaction. The company has more than 80 locations across the U.S. that offer therapeutic activities, opportunities for socialization and more. Clearview backed the platform in late 2005 and recently sponsored the add-on of ElderWatch Plus.