Patriot Capital has announced that it has made an investment in Turnwell Mental Health Network. Proceeds from the investment will be used to support the company’s growth. The terms of the deal were not disclosed.
Based in Dallas, Turnwell is a clinician-led, integrated mental health group specializing in care for patients suffering from mental health disorders. Turnwell operates multiple freestanding outpatient clinics in Arizona and Montana, with a growth strategy of partnering with clinicians and practices across the country.
Patriot Capital focuses on investment opportunities in small and medium-sized, privately-held companies having annual revenues of $10 million to $200 million, typically investing between $5 million and $25 million in transactions.
According to data captured in the LevinPro HC database, this acquisition represents the 13th Behavioral Health Care transaction of 2023.
