M&A Deal Summary

Active Day Acquires Millennium Adult Day Care - Two Minnesota Adult Care Centers

On July 25, 2018, Active Day acquired consumer services company Millennium Adult Day Care - Two Minnesota Adult Care Centers from Millennium Adult Day Care

Acquisition Highlights
  • This is Active Day’s 1st transaction in the Consumer Services sector.
  • This is Active Day’s 20th transaction in the United States.
  • This is Active Day’s 1st transaction in Minnesota.

M&A Deal Summary

Date 2018-07-25
Target Millennium Adult Day Care - Two Minnesota Adult Care Centers
Sector Consumer Services
Buyer(s) Active Day
Sellers(s) Millennium Adult Day Care
Deal Type Divestiture

Target

Millennium Adult Day Care - Two Minnesota Adult Care Centers

Edina, Minnesota, United States
Millennium Adult Day Care - Two Minnesota Adult Care Centers provides services include personalized care by caring activities staff, nutritious breakfasts and catered lunches, physical therapist approved exercises, in-center activities and options for excursions out in the community, and regular reviews of health status by our licensed RN.

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Buyer(S) 1

Buyer

Active Day

Trevose, Pennsylvania, United States

Category Company
Founded 1995
Sector Consumer Services
DESCRIPTION

Active Day is a provider of adult day health services and in-home personal care. With more than 80 locations across the country, the Company provides therapeutic activities, opportunities for socialization, and expert health and nursing care to improve its members’ daily functioning and delay the onset of chronic illness. Active Day was founded in 1995 and is based in Trevose, Pennsylvania.


DEAL STATS #
Overall 20 of 23
Sector (Consumer Services) 1 of 4
Type (Divestiture) 4 of 4
State (Minnesota) 1 of 1
Country (United States) 20 of 23
Year (2018) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-25 Sunrise Miami Adult Day Care Center

Miami, Florida, United States

Sunrise Miami Adult Day Care Center is a facility for senior citizens. They provide senior housing in a well-managed and caring setting. The neighborhood encompassing this community has a dense population, with about 21,075 residents in the surrounding zip code.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-03-06 Club Horizons

North Charleston, South Carolina, United States

Club Horizons is an adult day care center. Club Horizons focuses on special need individuals who may need some extra care during the day. Club Horizons is based in North Charleston, South Carolina.

Buy -

Seller(S) 1

SELLER

Millennium Adult Day Care

Edina, Minnesota, United States

Category Company
Sector Consumer Services
DESCRIPTION

Millennium Adult Day Care provides seniors rich opportunities to experience the joys of later life through social connections, engaging activities and excursions, and the promotion of health, safety, and wellness. Company believe that age should not define individuals, and also believe caregivers and family members deserve the peace of mind that comes from their senior loved ones being in a nurturing, safe setting designed around the needs and interests of each person.


DEAL STATS #
Overall 1 of 1
Sector (Consumer Services) 1 of 1
Type (Divestiture) 1 of 1
State (Minnesota) 1 of 1
Country (United States) 1 of 1
Year (2018) 1 of 1