Senior Care Centers of America, Inc., a portfolio company of Clearview Capital, LLC, became the largest provider of adult day health services in the United States after merging with Active Day, Inc., in a transaction that closed on Nov. 2, 2011.
As a result of the merger, the first- and second-largest adult day health providers have combined to create a network of 76 centers in 11 states, serving more than 3,600 clients each day.
Active Day will operate as a subsidiary of Senior Care, whose CEO, Jim Donnelly, will lead both organizations.
The service provider was designed to be a cost-effective alternative to home health services, nursing homes, and assisted living facilities. The company’s centers offer a daytime program of nursing care, social services, meals, and therapeutic activities for elderly and disabled adults.
“Active Day and Senior Care have both been leaders in adult day services and have been providing quality care for many years in adjacent geographies. Combining our resources is a natural step. Together we will continue to champion our cost-effective model and expand our services to new markets,” said Donnelly in a statement.
The merger is the tenth add-in acquisition that Senior Care has made since Clearview’s initial investment in 2005, and the company has quadrupled its size during this period. Senior Care stated its expectation to make additional acquisitions in the future, both within its current footprint and in new markets.
Written by Alyssa Gerace