Accelerating Growth
In Partnership With Management

Prior Investment-PLEDGE FUND

Acquisition date:  December 7, 2005
Disposition date:  December 8, 2015


Operator of adult day health centers in the United States

With 80 centers primarily in New Jersey, Pennsylvania, Connecticut and Mississippi, Active Day/Senior Care, Inc. ("Active Day/Senior Care") is the largest operator of adult day health centers in the United States. Their state-of-the-art centers provide a daytime program of nursing care, social services, meals and recreational activities to frail, elderly and disabled adults. As a cost effective alternative to in-home and nursing home care, adult day services fill a growing need to provide healthcare to an aging population while allowing patients to maintain their independence.

The transaction closed on December 7, 2005. Clearview invested equity from Clearview's Pledge Fund. One stop financing was provided by Newstar Financial.

Clearview sold Active Day/Senior Care to Audax Private Equity Fund IV, LP on December 8, 2015.


Add-on Acquisitions Completed:

Active Day, Inc.
Owings Mills, MD
Senior Care and Active Day merged combining the two largest adult day health providers to create a network of more than 75 centers in 11 states serving more than 3,600 clients per day

Golden Years Adult Day Center
Bloomfield, CT

Generations Adult Day Care
Brookhaven, PA

Preston House Adult Day Care
Hartford, CT

Crozer Adult Day Care
Chester, PA

Riverside Adult Day Care
Plains, PA

Valley Crest Adult Day Care
Wilkes Barre, PA

Main Line Health Systems
Bryn Mawr, PA

South Jersey Health Systems
Bridgeton & Salem, NJ

Beelong Adult Day Centers
Bucks and Montgomery Counties, PA

Guardian Programs Adult Medical Day Care
Glassboro, NJ

Young at Heart Senior Centers
Brick Township, NJ

Family Matters
Clifton Heights, PA

Home Health Mates
Hingham, MA

ElderWatch Plus
Philadelphia, PA