M&A Deal Summary

Clearday Acquires Primrose Lane Adult Day Care

On July 8, 2021, Clearday acquired consumer services company Primrose Lane Adult Day Care

Acquisition Highlights
  • This is Clearday’s 1st transaction in the Consumer Services sector.
  • This is Clearday’s 2nd transaction in the United States.
  • This is Clearday’s 2nd transaction in Texas.

M&A Deal Summary

Date 2021-07-08
Target Primrose Lane Adult Day Care
Sector Consumer Services
Buyer(s) Clearday
Deal Type Add-on Acquisition

Target

Primrose Lane Adult Day Care

San Antonio, Texas, United States
Primrose Lane Adult Day Care is an adult daily care service provider. Primrose Lane Adult Day Care is based in San Antonio, Texas.

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Buyer(S) 1

Buyer

Clearday

San Antonio, Texas, United States

Category Company
Founded 1987
Sector Healthcare Services
Employees225
Revenue 12.5B USD (2022)
DESCRIPTION

Clearday is a non-acute longevity healthcare services company with a modern, hopeful vision for making high-quality care options more accessible, affordable, and empowering for older Americans and those who love and care for them. Its Longevity Care Platform brings Clearday solutions to people wherever they are. Its platform is at the intersection of telehealth, remote monitoring, and patient engagement — all delivered across mobile, wearable, and robotic endpoints in a Software-as-a-Service (SaaS) and Robotics as a Service (RaaS) model. Clearday was founded in 1987 and is headquartered in San Antonio, Texas.


DEAL STATS #
Overall 2 of 2
Sector (Consumer Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Texas) 2 of 2
Country (United States) 2 of 2
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-09-30 Superconductor Technologies

Austin, Texas, United States

Superconductor Technologies is a provider in the development of superconducting materials and manufacturing processes, developing numerous patents as well as proprietary trade secrets and know-how. STI has manufactured and sold over 6,000 superconducting systems that have been deployed in tier one wireless networks, thereby providing commercial deployments of its superconducting technology. Superconductor Technologies was founded in 1987 and is based in Austin, Texas.

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