Conversant Capital completed the acquisition of a minority stake in Capital Senior Living for $153m.

Conversant Capital, a private equity firm, completed the acquisition of a minority stake in Capital Senior Living, an operator of senior living communities, for $153m. "We are extremely excited to partner with Capital Senior Living and its leadership team. We are impressed with the service-first culture introduced by Kim and the team since they joined two years ago, as well as the thoughtful steps taken over recent quarters to right-size the Company’s asset portfolio. Our capital and ability to support the Company’s strategic and operational initiatives, together with the perspective we’ll provide on the Company’s Board, will give Capital Senior Living the flexibility to further enhance its quality of care and execute its planned growth initiatives," Michael Simanovsky, Conversant Founder and Managing Partner.