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Hidden River Invests in Northstar Senior Living Ahead of Merger

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Hidden River Strategic Capital poured capital into Northstar Senior Living, a California‑based senior‑care operator, to back its planned merger with Alta Senior Living of North Palm Beach, Florida.

The deal will see the two companies combine under the Northstar name, with Northstar’s executives running daily operations and Alta CEO Doug Brawn chairing the board.

Founded in 2008, Northstar has grown through acquisitions, while Alta, established in 2019, brings a newer portfolio of facilities. The partnership aims to streamline management and expand service reach across the southeastern United States.

Investors view the move as a consolidation strategy in a tightening senior‑care market, potentially boosting scale and cost efficiencies for both firms.