Senior living is a burgeoning industry driven by an exploding senior population and demand from an aging demographic with increasing needs for specialized residential requirements. This demand will drive strong growth in the senior living industry over the next several decades. The baby boomers are the largest generation in U.S. history, constituting a sizable demographic wave. With 82.8 million people born between 1946 and 1964, the baby boomers represent over 30% of the U.S. population. There is an estimate of 75 million baby boomers who are on the verge of retirement. For the next twenty years, an average of 10,000 people each day will reach age 65, which has historically been the retirement phase of life (Pew Research: http://pewrsr.ch/T4o2Hs ).

1. America Senior Living
POWERED BY: Special Counsel - Global Law Firm
Accounting Transaction Services by Ernst & Young

2. 2America Senior Living EXECUTIVE SUMMARY2021
INTRODUCTION
Senior living is a burgeoning industry driven by an exploding senior population and demand from an aging
demographic with increasing needs for specialized residential requirements. This demand will drive strong growth in
the senior living industry over the next several decades. The baby boomers are the largest generation in U.S. history,
constituting a sizable demographic wave. With 82.8 million people born between 1946 and 1964, the baby boomers
represent over 30% of the U.S. population. There is an estimate of 75 million baby boomers who are on the verge
of retirement. For the next twenty years, an average of 10,000 people each day will reach age 65, which has
historically been the retirement phase of life (Pew Research: http://pewrsr.ch/T4o2Hs ).
United States Senior Population, Projected
Source: Department of Health and Human Services
90,000,000
67,500,000
45,000,000
22,500,000
0
1900 1910 1920 1930 1940 1950 1960 1970 1980 1990 2000 2010 2020 2030 2040 2050
Age 65-74 Age 75-84 Age 85+
Senior living represents a combination of real estate and professional care with high-quality housing and nursing care
facilities offering a wide range of alternatives from choice-based options such as independent living in early retirement
to needs-based facilities including assisted living and skilled nursing as care requirements increase. The growth of the
senior living industry will continue, notwithstanding whatever macroeconomic trends prevail, with the industry proving
exceptionally resilient through economic downturns.
People65+

3. 3America Senior Living EXECUTIVE SUMMARY2021
THE GOAL
America Senior Living is a newly formed venture that will engaged in the acquisition and management of a broad
spectrum of senior living facilities on a national basis.
The principals of America Senior Living are listed below.
BUSINESS MODEL
The senior living industry is highly fragmented and lends itself to a national “buy and build” or consolidation strategy.
Management believes that a large pool of prospective acquisitions exists offering substantial opportunity for an
emerging growth public company. This consolidation model is ideally suited for the senior living industry due to
significant fragmentation coupled to the increasing demand of a broad spectrum of senior living needs. In the current
market, transaction activity remains high and management believes relative valuations remain attractive through for the
foreseeable future.
Significant transaction activity has increased in the senior living sector. 2017 experienced record deal volume with
hundreds of announced transactions - up 15% from 2016 - supported by a strengthening economy which boosted
operating performance, capital availability and the low interest rate environment. M&A spend totaled $10.9 billion, up
19% over 2014, which was $8.9 billion. While 2013 was a record setting year, 2014 was even more robust with $17.4
billion on more than 500 transactions.
With an objective of $250 million in annualized revenues within the first 5 years, the Company will initiate a
comprehensive program to develop a robust pipeline of prospective acquisitions. Management has significant capital
markets experience to drive a highly proactive M&A process calling for identifying, evaluating and acquiring prospective
target operating companies. As an integral part of that process, the Company is commencing a program to execute
buy-side agreements with certain M&A advisers, consultants and brokers to assist management in identifying and
evaluating prospective target operating companies.
70
52.5
35
17.5
0
Mergers & Acquisitions in Senior Living:Transaction Volume
Source: Irving Levin Associates
2009 2010 2011 2012 2013
Q1 Q2 Q3 Q4
NumberofTransactions

4. 4America Senior Living EXECUTIVE SUMMARY2021
THE OPPORTUNTIY
As noted above, a massive demographic shift is underway in the United States which will see the older population
with significant increases to 70 million people by 2030, from its current 40 million, when more than 20% of the U.S.
population will be over the age of 65. The 70+ population is expected to grow faster than any other age group from
28 million in 2010 to 53 million by 2030. America’s most senior demographic, age 85 and over, is anticipated to grow
more than 3-fold, from 5.5 million in 2010 to 19 million by 2050.
United States Population Growth by Age Segment, Projected
Source: Department of Health and Human Services
0-19
20-49
50-69
70+
0% 22.5% 45% 67.5% 90%
Projected Growth Rate, From 2010 to 2030
Seniors are living longer due to healthier lifestyles and better access to healthcare with an increasing number living
alone. Life expectancy is 79 years in the United States and is expected to continue to increase. According to the
National Center for Assisted Living, the largest market segment in the industry are elderly people who live alone,
particularly those who have no children, driving increased demand for services historically provided by spouses or
other family members.
United States Senior Housing Market Growth, 2005-2019(E)
Source: IBISWorld
90
80
70
60
50
40
30
20
10
0
Industry analysts are forecasting a supply-demand imbalance based on demographic changes with nation’s senior
population. A recent study analyzed the supply of senior housing units needed to satisfy demand from the anticipated
change in demographics. On average, 18,000 new Independent Living (IL) and Assisted Living (AL) units was needed
each year to meet demand during the period 2010 to 2015 and more than 25,000 from 2015 to 2020. By comparison,
about 10,000 units were delivered in each of the years 2012 and 2013. The demand-supply gap is on track to
accelerate its divergence until year 2060 as the increase in population of the 80+ demographic significantly outpaces
the increase in senior living units suppled representing an excellent opportunity.
8%
8%
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
2008
2007
2006
2005
Revenue(Billions)
AgeRange

5. 5America Senior Living EXECUTIVE SUMMARY2021
Also driving the market opportunity is the affluence of adult children and an overall acceptance of the Senior Living
lifestyle for aging parents who may “reverse-migrate” as the need for support increases. Adult children are a key driver in
the decisions made by aging parents.
The AARP Public Policy Institute notes that the number of family caregivers is also decreasing resulting in a “care gap.”The
Institute goes on to note the supply unlikely to match future demand. In 2010, the elderly support ratio (defined as the
number of potential caregivers aged 45 to 64 for each person aged 80 and older) was more than 7-to-1 and is projected
to decline sharply to 4-to-1 by 2030 and 3-to-1 in 2050, when all boomers will be in the high-risk years of late life.
United States Nursing Care Market Growth, 2005-2019(E)
Source: IBISWorld
180
160
140
120
100
80
60
40
20
0
As a result of seniors living longer, issues related to acuity will force greater demand for skilled housing. Memory care
is viewed as a growth area for senior housing operators. According to statistics reported by the Alzheimer’s Association, 5
million people age 65 and older have Alzheimer’s disease. By 2025, that number is estimated to reach 7.1 million, and will
triple to 13.8 million by 2050. That translates to more than 15% of the 65+ demographic having an Alzheimer’s diagnosis
within the next forty years. Cost of care is also rising. The Alzheimer’s Association estimates that spending on Alzheimer’s
care will grow from $127 billion in 2010 to $1.08 trillion by 2050.
THE MARKET
Market analysts estimate the U.S. senior housing market at
$60 billion, defined to include independent living facilities,
assisted living facilities, and Mobile Home Parks. Nursing
care, defined as skilled nursing facilities, nursing homes,
and hospice centers, is estimated at more than $128 billion.
The National Center for Health Statistics estimates
expenditures for “long-term care services” between
$210 and $306 billion, which include a variety of settings
in the home from a home health agency, adult day
services centers, residential settings from assisted living
communities, or in institutions from nursing homes. Others
value the senior housing market at more than $300 billion.
Nursing Care Market: Revenue by Segment
Source: IBISWorld, Provider Magazine, and Barclays Research.
2014 Revenue: $127.5 Billion
24%
64%
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
2008
2007
2006
2005
Revenue(Billions)

6. 6America Senior Living EXECUTIVE SUMMARY2021
Despite a steady flow of mergers and acquisitions in recent years, the senior housing industry remains highly fragmented.
According to one market share analysis, the top 25 independent living operators in the United States represent an
estimated 24.5% of all units, while the top 25 assisted living operators only represent 37.7% of all units. The top 25
nursing facility operators represent 22% of all beds. In another analysis, share of market was divided among non-REITs
(21% share) and REITs (9%), with the remaining 70% of senior housing properties owned by “mom and pops” (i.e.,
defined as owners of 15 or fewer properties).
Large operators are looking to participate at each vertical across the continuum of care from independent living to
assisted living to memory care and skilled nursing, as well as offer ancillary services which might include outpatient
therapy, pharmacy, home health, and hospice, among others. It is estimated that more than 80% of the top 25 nursing
facility operators also provide assisted living and more than two-thirds offer independent living. Other services offered
include outpatient therapy (80%), pharmacy (40%), homecare (52%) and hospice (76%).
FINANCING
The senior living industry has attracted significant investor interest with the sector seeing increasing capital inflows from
an increasing number of equity and debt providers. Experienced operators continue to garner attention from public and
private institutional and private equity investors.
Senior Housing Valuation Trends
Source: S&P Capital IQ
700
600
500
400
300
200
100
0
$70
$60
$50
$40
$30
$20
$10
$0
$25m-$50M $50m - $250m $250m -$500m
Based on announced deals, where the primary location of the target is in the United States.
Middle market enterprise values between $25 million and $500 million.
Institutional Real Estate’s annual 2013 Plan Sponsor Survey, which ranks commercial property by degree of
attractiveness for investment, saw senior housing top the list for the first time ever. The sector proved its resilience
in the recent economic cycle, outperforming other property types, according to NIC. Occupancy rates did not see
as steep a decline. Rent growth remained positive throughout the entire cycle when every other property type saw
significantdeclines.
Robust liquidity in the credit markets has made debt financing more accessible with commercial banks, commercial
finance companies, and government agency lenders (HUD, Fannie Mae, Freddie Mac) committing increasing capital
to the sector. Operators are taking advantage of low interest rates with refinancing, recapitalizations and acquisition
financing all seeing a surge in volume.
TransactionValue($inBillions)
NumberofTransactions
2006Q1
Q2
Q3
Q4
2007Q1
Q2
Q3
Q4
2008Q1
Q2
Q3
Q4
2009Q1
Q2
Q3
Q4
2010Q1
Q2
Q3
Q4
2011Q1
Q2
Q3
Q4
2012Q1
Q2
Q3
Q4
2013Q1
Q2
Q3
Q4

7. 7America Senior Living EXECUTIVE SUMMARY2021
ACQUISITION FINANCING (under review, subject to change)
America Senior Living will seek to acquire facilities through a
combination of Seller's Equity, Creative Financing, Secured Debt i.e.
business assets and projected cash flow. America Senior Living has
many relationships in the commercial banking & Private Equity market
and will leverage its current relationships to fund acquisition target that
meet funding requirements. An America Senior Living transaction
provides three distinct benefits to the principals of an acquisition. First, a
significant liquidity event for the sellers. Second, the creation of a
significant equity position in an emerging growth company.
Third, ongoing employment at customary industry compensation.
Ideally, we'd like to find a platform with at least $5mm in EBITDA but
we’ll act opportunistically. A target could even have a $10mm+
EBITDA, we just have to see what’s out there. Or if that's hard to
find we're not opposed to grabbing up a multitude of smaller targets and
banding them together to create a platform.
Section 368 of the Internal Revenue Code recognizes three types of
corporate acquisition structures that qualify as tax-free (or tax-deferred)
reorganizations:
• Type “A” Reorganization(stock-for-assets acquisition) • Reverse triangular merger
• Statutory merger or consolidation •Type“B” Reorganization(stock-for-stock acquisition)
• Forward triangular merger •Type“C”Reorganization(stock-for-assetsacquisition)

8. 8America Senior Living EXECUTIVE SUMMARY2021
America Senior Living TIMELINE (projections subject to change, under review)
Phase1
Q1 ‘21
The formation of a privately-held holding company which will serve as the platform company executing
a buy and build strategy in the senior living housing space. The Company is being positioned for an
Initial Public Offering (“IPO”) subsequent to its Form filing and acquisitions generating a minimum of
$25 million in revenues. Management believes that the IPO will take place no later than 60 months
following the Company’s initial acquisition.
Phase2
Q2 ’21
Develop a robust pipeline of prospective acquisitions. This will be accomplished through the generation
of high level industry visibility for the company launch, the engagement of buy-side brokers and
investment bankers with a broad outreach program to the principals of senior living facilities.
Phase4
Q4 ’21
To identify, negotiate and contractualize the Company’s initial acquisition pursuant to a definitive
agreement (“Definitive Agreement”). It is anticipated that this initial acquisition will become the base of
operations for the Company as well as potentially contribute key executives to the senior management
team and the Company’s board of directors. It is anticipated that the initial acquisitions will have a
minimum of $25 million in aggregate revenues with a target of $40 million and cash-flow positive
Phase4
Q2 ’22
The middle stage objective is to reach $100 million in annualized revenues in the Company’s first
full year of operations. Management believes this provides “critical mass” and the requisite industry
credibility.

9. 9America Senior Living EXECUTIVE SUMMARY2021
Goal
10,000
Doors

10. 10 EXECUTIVE SUMMARY2021
company
Board of Directors
Daniel Steven Peña Sr.
Chairman of Board
Daniel S. Peña is Chairman of America Senior Living (TBF) and Founder of The Guthrie Group (TGG), an investment
consortium specializing in facilitating transactions, founded in 1997. With offices in the UK and Asia, it has acted as
principal, advisor and agent to global and regional companies and institutions. Mr. Peña was also founder, former
Chairman, President and Chief Executive Officer of Great Western Resources Inc., (GWRI), a Houston-based natural
resource company public on the London Stock Exchange (LSE). Founder and Chairman of The Guthrie Group; Founder,
Former CEO, Chairman of the Board of Great Western Resources Inc.; Co-Founder, Former CEO, Chairman of the Board of
J.P.K. Industries; Bear Stearns & Co. Successful: Former Chairman of various US/European/Asian companies including
venture capital, IT, internet, property, insurance, health care, manufacturing, financial services, construction, amongst
others; high level negotiator with many governments and multinational firms including equity providers, insurance
companies, investment banks, international law firms and all "Big Four" accounting firms.
Alex H. Cunningham
Director of Acquisitions
Alex is America Senior Living (TBF) Acquisition Director and helps owners of companies get their equity out of
co;maintaining absolute control of their companies. He provides equity capitalization and equity exit strategies.
Cardiff Lexington International is also raising money from private equity investment groups, individual investors,
and limited partners that have the ability to invest in one or all of our subsidiaries and participate in current and
future subsidiaries. The Cardiff Lexington platform also provides business owner’s the ability to raise money
and gives investors the assurance their investment risk is mitigated. Cardiff Lexington Co. acquires successful
companies with a solid management team, consistent revenue growth, and positive EBITDA. Alex brings his
skills to America Senior Living, Co.
Specialties:
• Strategic Planning • Investors• Executive Management
• Investments
America Senior Living
• Mergers & Acquisitions • Business Owners

11. 11America Senior Living EXECUTIVE SUMMARY2021
• Emerging Growth Companies • Assessment • Analysis Equity
• Exit Strategies • Expansion • Capitalization
• Risk Mitigation
President and CEO of Cardiff Lexington Co.
Patrick D. Daugherty
Board Observer: Legal
Patrick D. Daugherty is America Senior Living (TBF) Observer. Patrick Daugherty directs a corporate,
M&A, finance and regulatory practice devoted to capital formation, productive innovation and return
of and on investment. He leads teams of lawyers that provide the array of services needed by each
client day to day and has helped clients monetize billions of dollars in sweat equity.
Corporate, M&A and Finance Practice
Mr. Daugherty manages relationships with clients in diverse industries such as health care, financial
services, fintech and manufacturing, creating and managing teams of lawyers to service each client.
Mr. Daugherty multi-disciplines include planning and executing tender offers, exchange offers,
restructurings, recapitalizations, mergers, stock purchases, asset purchases, divestitures, LBOs,
MBOs and "going private" transactions. He also plans and executes public and private offerings of
equity, debt and hybrid securities occupying every rung of a company’s capital structure, throughout
its entire life cycle: from “angel” or “seed” investment and “Series A” preferred stock to the IPO, PIPE
and secondary offerings, as well as mezzanine, convertible, exchangeable, high-yield and high-grade
debt issues. With help from other experts, Mr. Daugherty organizes hedge funds, commodity trading
funds, and private equity funds.

12. 12America Senior Living EXECUTIVE SUMMARY2021
Larry Mikel
Principal
Larry is known as a charismatic leader with an engaging interpersonal style that builds
trust and productive business relationships throughout the organization and with
external constituencies. Experienced Senior Living Housing Investment Director with a
demonstrated history of working in the commercial real estate, seniors housing & health
care industries. Skilled in Mergers & Acquisitions, Development, Asset Management,
Corporate Finance, Lending, and Valuation. A strong business development
professional with a Bachelor of Science in Business focused on Real Estate from
Bradley University of Illinois - Foster College of Business. Strongly focused on Senior
Living property revenue enhancement opportunities, establishment of strategic priorities
and effective cost containment. Known for effective communication, adaptability to
changing situations, and strong leadership.
Specialties:
•Mergers & Acquisitions
•Propelling Revenue & Profit Growth / Building & Leading Top-Producing Teams
•Change leadership skills / Action Orientation With Strong Execution Skills & Drive For
Results.
•Broad-based general management and sales leadership experience.
•Proven success building and leading motivated, high performing management and
sales teams that consistently achieve aggressive corporate revenue, profit, and
market penetration goals.

13. 13America Senior Living EXECUTIVE SUMMARY2021
Jo T. Letwaitis, CVW, CDP, LPACT
Director, Chief Operating Officer
Jo Letwaitis is America Senior Living Chief Operating Officer. Jo Letwaitis is a Senior Living Executive specializing in
startups and operational turnarounds for assisted living communities and hospices. Expert in serving those with memory loss.
Unwavering commitment to delivering the highest quality resident care and maximizing growth of the business. Talent for
revamping organizations based on eradicating core issues, pinpointing why investors aren’t garnering expected ROI, and
leading transformations into thriving, profitable operations. Long, deep relationships with decision makers in IL Department of
Public Health, key to resolving deficiencies and garnering approvals on licensing applications within three weeks versus the
normal 4-6-month timeline. Significant professional background in hospital administration as well as several certifications in
dementia communication training.
* Executive Leadership
* Multi-Site Operations Management
* Assisted Living/Memory Care
* Hospice and Palliative Care Ops
Joseph LaPorta
Director, Healthcare Expert / CEO
Joseph is Senior Executive, adjunct Professor and board member with 25 years of broad-based healthcare
experience in multiple product & service sectors. He possesses proven success in startup, turnaround, mergers
& acquisitions and expansion environments ranging from private-equity owned Mid-Size to Fortune 50
corporations.
Specialties:
• P&L Management ▪ Lean / Six Sigma ▪ Mergers, Acquisitions & Integrations
▪ Multi-Site Operations ▪ Global Business Development ▪ Talent Recruitment & Retention
▪ Sales Force Effectiveness ▪ Startup & Turnaround Strategy ▪ Revenue Cycle Optimization
▪ Investor Relations & Corporate Communications
President & CEO at Persante Health Care
Advisory Board Member at WebPT
Adjunct Professor at National Louis University

14. 14America Senior Living EXECUTIVE SUMMARY2021
Mikel Burroughs
Director, Senior Living Expert
Mikel provides debt acquisition and relief strategies for veterans, military service members & civilians from the burden of
healthcare debt. He provides major healthcare systems, hospitals, emergency medical service facilities, physician group
facilities, home healthcare providers and healthcare debt buyers with a financial solution for distressed self-pay and self-pay
after insurance patient accounts receivable that are uncollectible and fall into the category of additional charity for veterans,
service members, and civilians. Mr. Burroughs Partners with CFOs and Revenue Cycle Management in providing
unmatched experience across the healthcare spectrum applying proven and practical servicing solutions, providing superior
analytics, and providing the necessary capital to any healthcare account receivable liquidity challenge. He possesses a
proven healthcare portfolio. He is an acquisitions expert and retired Army Colonel.
Specialties:
• Debt acquisition and relief strategies
• Acquisitions
Donald Benson
Director, Healthcare Expert
Don Benson is an accomplished Senior Executive offering 45 plus years of the caliber of successes and functional skill sets
sought after by leading enterprises and corporations today. Mr. Benson’s positions have ranged from being manager of
command and control systems for The Pentagon, The White House and the Pacific Theater to senior executive positions in
defense, insurance, financial services, healthcare and real estate management. With proven expertise, his overarching
accomplishments are founded in providing creative solutions to seemingly intractable organizational and personnel issues.
He is skilled in guiding companies through operations consolidations, greenfield start-ups, organization design, change
management, culture integration and turnaround situations. A recognized negotiator, Mr. Benson has achieved enhanced
“Win-Wins” in numerous acquisitions, mergers and divestitures (in excess of one hundred).
Mr. Benson is a skilled leader with diversified experience managing a broad range of management issues in multiple
locations and culturally diverse environments. He has held senior executive positions for such Fortune 500 companies as
CIGNA, Aetna, Coventry Health Care and Connecticut General. Mr. Benson also served in executive leadership positions
with The Methodist Health Care System in Houston, TX. Don’s most recent position was President and CEO of TriSurant (a
large healthcare TPA), in Houston.

15. 15America Senior Living EXECUTIVE SUMMARY2021
Connie McGee
Director, Post Acquisition Technology
Connie McGee is an experienced healthcare executive with Microsoft and has a diverse
background in technology sales, leading business development strategies, market
research, consulting, and strategic account leadership. She has worked primarily in the
healthcare and information technology for more than 20 years. Clients have included
Fortune 500 companies as FedEx, Wal-Mart, Community Health Systems (CHS) and
Hospital Corporation of American (HCA). She applies her background and expertise
toward growth and expansion strategies of portfolio business increasing market share,
analytics, commercialization, service line growth and go to market penetration, and
proven revenue growth while driving down cost.
Area ATU Director- US East- Healthcare and Life Sciences at Microsoft
Healthcare Business Development Executive at Intel Corporation
James Winikates
Director, Chief Financial Officer
James Winikates is the CFO of the America Senior Living Venture. Mr. Winikates is also a certified
public accountant and a Big Four retired partner of KPMG LLP. Mr. Winikates brings review and
approval of capital projects from Presence Health, which he served as Chair of the Finance
Committee. At KPMG, Mr. Winikates was responsible for audit engagements for a variety of
businesses, with principal emphasis on publicly-held companies engaged in technology related
businesses, financial services, and manufacturing and distribution, and participated in feasibility
study engagements for senior living facilities. He has also authored several professional articles,
made presentations on accounting and auditing topics to a number of organizations, and was
chairman and/or a member of several committees of the Illinois CPA Society. He previously served
as chairman of the Better Business Bureau of Chicago and Northern Illinois. Mr. Winikates has a
B.S.C. from DePaul University and an M.B.A. from Dominican University.

16. 16America Senior Living EXECUTIVE SUMMARY2021
Partner at Ernest & Young (3rd
Largest Accounting Firm In The World) https://goo.gl/7RNCCK
Ernest & Young is a leading professional services firm providing assurance, tax and advisory services to privately
held businesses, global public companies, entrepreneurs, high-net-worth individuals and not-for-profit
organizations. Ernest & Young is among the Big Four accounting firms and represents our Current/Past
Ventures. Ernest & Young is based out of Chicago and is ranked as one of the top M&A Healthcare accounting
firms in the United States.
Our M&A services include the following: • Assess quality of earnings • Validate management adjustments •
Identify and address issues upfront • Team with investment bank, attorneys and other advisors • Provide ongoing
support to management Working with sellers to prepare the company for sale and provide information to buyers,
sell-side due diligence helps to: • Increase enterprise value • Increase certainty to close • Increase speed to close
• Assess quality of earnings • Analyze working capital • Quantify risks, opportunities and integration matters •
Evaluate purchase price adjustments • Review tax, compensation and benefits, controls and risk • Information
technology due diligence Working with private equity and corporate buyers to robustly analyze and assess
the target’s business, company management, income statement and balance sheet, we advise our clients
and support the transaction process.
Partner at DLA Piper (3rd
Largest Law Firm in The World) https://goo.gl/rQ7Kgu
DLA Piper is a business law firm who concentrates its practice on mergers and acquisitions, private equity,
venture capital and other corporate transactions. DLA Piper clients include multinational corporations, private
equity funds, venture capital funds, emerging growth companies, banks and Healthcare firms. In the M&A space,
DLA Piper has represented buyers and sellers in all facets of mergers, acquisitions and dispositions. DLA Piper
also has significant experience representing private equity funds and their portfolio companies in leveraged
buyouts, refinancing, recapitalizations and sale transactions. DLA Piper transactions regularly involve multi-
disciplinary, cross-border teams that leverage the strengths of the firm's worldwide platform.

17. 17America Senior Living EXECUTIVE SUMMARY2021
FOUNDING SHAREHOLDERS
America Senior Living is a United States based Venture, founder by private owners.
SUMMARY
• The senior living housing industry represents a high growth opportunity;
• Benefits from conversion of private-to-public valuations, especially considering an industry EBITDA multiple for
public senior living companies;
• Significant industry fragmentation supporting the significant benefits of consolidation;
• Anticipated robust pipeline of prospective accretive acquisitions; and
• Seasoned executives with capital markets and public company experience.
MISSION STATEMENT
America Senior Living is capitalizing on unprecedented opportunities in the Senior Housing industry driven by the
growth of a rapidly expanding senior population through the execution of a highly proactive buy and build strategy.
America Senior Living is committed to generating significant revenues and earnings while providing superior value
for our residents and partners.

18. ASSOCIATED PROFESSIONALS
Accounting Firm
Partner
SPECIAL COUNSEL
Partner
Management
AHMG
COMPANY CONTACT
Larry Mikel – Principal
America Senior Living Venture (Formation
TBA)
Mailing Address:
PO Box 9051
Peoria, IL 61612
Cellular: 309-303-1807
Email: Larry@AmericaSeniorLiving.com
Daniel S Pena Sr. - Chairman
America Senior Living, Co.
Guthrie Castle, Guthrie, By Forfar, Angus, DD8
2TP. Scotland
Office Number: + 44 01241 828691
America Senior Living
EXECUTIVE SUMMARY 2021