ARC Health, a Thurston Group portfolio company, announced this week its expansion in Florida with its latest acquisition. ARC Health will acquire Advanced Psychiatric Group, an Orlando-based mental health practice providing comprehensive behavioral healthcare services to residents in Central Florida.
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.
This transaction was facilitated by Bayshore Growth Partners, a healthcare-focused M&A advisory firm, headquartered in Tampa, Florida. Financial terms of the deal were not disclosed
According to the LevinPro HC database, this acquisition represents the 76th Behavioral Health Care (BHC) transaction of the year. Additionally, this acquisition marks ARC Health’s 11th transaction of the year. In 2022, the company announced six transactions in the BHC space.
