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REDDING, Calif. — Northstar Senior Living and Alta Senior Living have executed a partnership and merger. Moving forward, the combined company will operate under the Northstar brand.
Headquartered in California, Northstar manages a portfolio of senior living communities throughout the U.S. Northstar engaged Blueprint to identify and secure a strategic capital partner to recapitalize its management platform, which resulted in the merger.
Scott Frazier, Ryan Chase and Jacob Gehl of Blueprint served as exclusive advisors to Northstar.
Additionally, Hidden River Strategic Capital has announced an investment in Northstar in connection with the merger.