Behavioral Framework announced on July 24 that it has acquired Behavior Consultation & Psychological Services (BCPS) in Greenville, North Carolina.
Founded in 2010, BCPS is a premier provider of clinic, home and school-based applied behavior analysis (ABA) therapy and autism diagnostic services for children in North Carolina.
Behavioral Framework, backed by private equity firm Renovus Capital Partners, is a leading provider of ABA therapy in Maryland and Virginia. The company was founded in 2017 and is based in Rockville, Maryland.
Together, Behavioral Framework and BCPS will provide individualized therapy and autism diagnostics to more than 1,000 families across Maryland, Virginia, North Carolina and the District of Columbia. Jason Cone, Founder of BCPS, will continue to lead clinical operations in North Carolina.
The newly formed partnership presents several unique advantages to Behavioral Framework clients, families and communities, including expanded reach and enhanced access to diagnostic care services, best-in-class care across a range of care settings and comprehensive resources, training and support for clinicians.
BCPS was advised by Bundy Group, a healthcare-focused investment bank. Financial terms of the deal were not disclosed.
According to data captured in the LevinPro HC database, this acquisition represents the 41st Behavioral Health Care (BHC) transaction of 2024, and the eighth announced in the autism specialty. This compares to last year, when there were 46 BHC and five autism deals announced between January 1, 2023, and July 24, 2023.
