The behavioral health-provider Acorn Health has made a big leap into the Florida market. The company announced last week it is purchasing Sandcastle Centers, which provides applied behavioral analysis (ABA) therapy for children with autism in the Orlando market. The practice has a central clinic location in Orlando but also offers in-home treatment throughout the region. The company was formerly known as JKP Analysts.
The acquisition of Sandcastle expands Acorn Health’s presence in the Orlando, Florida market and furthers its mission of providing high-quality, center-based ABA therapy services to children diagnosed with autism. Sandcastle will become a fully-owned subsidy.
According to search results in our Healthcare Deals Database, Acorn Health has been acquiring practices in a variety of markets to cement a national presence. The provider was formed in October 2018 by MBF Healthcare Partners, a private equity firm based in Coral Gables, Florida. In 2019, Acorn Health bought Behavior Therapy Specialists, another ABA provider, giving the company a regional platform in southern Illinois and northern Missouri.
Last year, the company was more active, announcing three deals. In January, it bought Autism University, a former subsidiary of Crawl Walk Jump Run, giving Acorn Health a total of 11 centers in Michigan. Following that in May, it added Behavior Basics, LLC in Alexandria, Virginia, expanding its presence in that region.
In August, Acorn Health bought ABA assets affiliated with Concord Foundations Network, which enabled the company to expand services into Maryland, Pennsylvania, and Tennessee, as well as significantly enhance its current capabilities in Michigan and Virginia. With all these acquisitions, Acorn Health has a network of more than 40 clinics throughout the United States, and we expect that to continue to grow.
