Hightop Health announced on February 22 the acquisition of Roots Behavioral Health (RBH) in Austin, Texas.
Founded in 2016, RBH is a family-owned behavioral health clinic. RBH offers various evidence-based treatment modalities under one roof including ketamine therapy, psychotherapy and medication management.
Backed by private equity firms JLL Partners and SV Health Investors, Hightop Health offers an outpatient mental health platform that uses an integrative and measurement-based approach to care.
Brentwood Capital Advisors acted as the exclusive financial advisor to RBH and Polsinelli PC served as Hightop Health’s legal counsel for this transaction. Financial terms of the deal were not disclosed.
According to the LevinPro HC database, this acquisition represents the eighth Behavioral Health Care (BHC) transaction of 2024. There were 83 BHC transactions announced during 2023, and 112 announced during 2022.
