CHICAGO, Dec. 16, 2015 /PRNewswire/ -- 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, PA, 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 International 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.
About Lincoln International
Lincoln International specializes in merger and acquisition advisory services, debt advisory services, private capital raising and restructuring advice on mid-market transactions. Lincoln International also provides fairness opinions, valuations and pension advisory services on a wide range of transaction sizes. With sixteen offices in the Americas, Asia and Europe, Lincoln International has strong local knowledge and contacts in key global economies. The firm provides clients with senior-level attention, in-depth industry expertise and integrated resources. By being focused and independent, Lincoln International serves its clients without conflicts of interest. More information about Lincoln International can be obtained at www.lincolninternational.com.
Media Contact: Kelly Neroda
SOURCE Lincoln International LLC