Hidden River Strategic Capital ("Hidden River") is pleased to announce an investment in Northstar Senior Living ("Northstar") in connection with Northstar's merger with Alta Senior Living ("Alta"). The combined company will operate as Northstar Senior Living.

The company is a senior living management platform that provides management services to assisted living, memory care, and independent living communities under long term contracts with community owners.

Founded in 2008 and based in Redding, California, Northstar has built a strong operating platform across the U.S., supported by deep sector expertise, longstanding customer relationships, and meaningful experience managing senior living communities. Through the merger, Alta will join the Northstar platform, broadening the combined company's geographic and operational reach. Founded in 2019 and headquartered in North Palm Beach, Florida, Alta manages a complementary portfolio of communities and maintains strong industry relationships and business development capabilities that will supplement the combined company's next phase of growth.

Read full press release here.