ARC Health, a Thurston Group portfolio company, has announced the acquisition of Manhattan Psychology Group (MPG) for an undisclosed price. The transaction was facilitated by Mertz Taggart, a healthcare-focused M&A advisory firm, headquartered in Fort Myers, Florida.
Established in 2011, MPG provides comprehensive psychological, behavioral and educational services in the New York City MSA. With more than 200 providers, including clinical psychologists, neuropsychologists, psychotherapists, board-certified behavior analysts and special education teachers, MPG provides wrap-around virtual and in-person support across all settings, including the office, home, school and community.
ARC Health is a mental health specialty services organization supporting psychiatry, psychology and therapy providers in multiple locations throughout the United States. ARC was formed in 2021 in partnership with outpatient mental health provider Advanced Recovery Concepts.
According to the LevinPro HC database, this acquisition represents the 73rd Behavioral Health Care (BHC) transaction of the year. Additionally, this acquisition marks ARC Health’s tenth transaction of the year. Last year, the company announced six transactions in the BHC space.
