DW Healthcare Partners has had a busy summer, buying a healthcare staffing company and a behavioral health platform, then selling its rehabilitation business.
In June, the firm announced its investment in Aequor Healthcare Services in Piscataway, New Jersey, the sixth investment made by DW Healthcare Partners Fund IV, LP. Aequor specializes in healthcare and clinical staffing by providing physicians, therapists, nurses, technologists and allied healthcare professionals to hospital systems, nursing homes, home care providers, clinics, school systems, laboratories, and pharmaceutical/life sciences organizations nationwide.
In August, it acquired California Psychcare, a behavioral services provider for children and adults with an autism spectrum disorder and other developmental disabilities. The target was rebranded as 360 Behavioral Health and will be the firm’s platform for growth in the behavioral health sector.
On September 13, 360 Behavioral Health announced its first acquisition, Passport to Adaptive Living, in Ventura, California. The company provides help to individuals with autism and other developmental disabilities to gain the necessary skills to function more effectively in their environments.
Finally, DW Healthcare sold its portfolio company, Reliant Rehabilitation Holdings, to H.I.G. Capital. Reliant provides rehab management services, including physical, occupational and speech therapies, to skilled nursing facilities across the United States. Its approximately 9,000 employees serve more than 800 facilities in 40 states.
