Golub Capital has provided a GOLD financing and equity co-investment to support Audax Private Equity’s acquisition of Active Day Senior Care. GOLD financings are Golub Capital One-Loan Debt facilities. Golub served as administrative agent, sole lead arranger and sole bookrunner for the transaction.

This marks the fifth transaction Golub Capital and Audax have completed together this year.

Active Day operates adult day health services with 80 locations across the country. Each of its adult day health centers enables elderly and disabled adults to live at home and remain independent in their communities, while receiving health care and supervision during the day.

“We are thrilled to support Active Day through its next phase of growth with Audax,” said Brian Crabb, managing director of Golub Capital.

“Golub Capital was the clear choice to lead the transaction given their deep expertise in the healthcare industry and demonstrated ability to support Active Day’s growth plans,” said Mark Cordes, managing director at Audax.

Golub Capital is a nationally recognized credit asset manager with over $15 billion of capital under management.

Audax Group is an alternative asset management firm specializing in investments in middle market companies.