Ascend Capital Partners announced on January 8 that it has acquired a majority stake in Unison Therapy Services, based in Walnut Creek, California. This acquisition is the latest investment out of Ascend Capital Partners’ Fund II.
Founded in 1989, Unison Therapy Services is a multi-disciplinary provider of therapy services for children with developmental and speech delays, autism, social and emotional developmental needs and behavioral challenges. Unison’s network of clinicians works collaboratively to satisfy a child’s special education needs across multiple therapeutic services including speech therapy, behavioral health, psychology and physical and occupational therapy.
Ascend Capital Partners, founded in 2019, is a healthcare-focused private equity partnership whose mission is to invest in companies and entrepreneurs who are improving healthcare access, affordability and quality for vulnerable and underserved populations.
Kirkland & Ellis served as legal counsel to Ascend Capital Partners. Through its investment, Ascend will provide Unison with both operational and clinical expertise, driving enhanced therapy solutions and expanded access to therapeutic services for students and families. The financial terms of the transaction were not disclosed.
According to data in the LevinPro HC database, this transaction marks the third Behavioral Health Care (BHC) acquisition of 2025. Throughout the entirety of 2024, there were 66 BHC transactions, a 20% decrease from 2023 when 83 BHC transactions were reported.
