Assisted Living Concepts (ALC) operates more than 210 senior living centers in 20 states in the US. Altogether, its properties -- a significant number of which ALC owns -- house more than 9,300 units. ALC's communities enable elderly residents to maintain relatively independent lifestyles but provide assistance with daily activities, such as cooking, housekeeping, managing medication, and coordinating transportation. ALC also provides residents with physical therapy, hospice, pharmacy, and other services through third-party providers. The Jodrey family, of which chairman David Hennigar is a member, controls a majority of ALC's voting shares through Thornridge Holdings. The company has agreed to be acquired by TPG Capital.