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Click Therapeutics Acquires Assets of Better Therapeutics 

Click Therapeutics Acquires Assets of Better Therapeutics 

On May 22, Click Therapeutics, Inc. announced that it had acquired assets of Better Therapeutics, Inc.  Better Therapeutics is a first-in-class prescription digital therapeutic developed to deliver behavioral therapy to patients. Better went public through a merger with SPAC Mountain Crest Acquisition Corp. during the fall of 2021.  The Better Therapeutics assets being acquired include the first FDA-authorized prescription digital therapeutic for type 2 diabetes, AspyreRx, as well as development candidates BT-002, BT-003 and BT-004 for hypertension, hyperlipidemia and metabolic dysfunction-associated steatohepatitis.  Click Therapeutics, Inc. develops, validates and... Read More »
Click Therapeutics Acquires Assets of Better Therapeutics 

Mind Body Optimization Acquires Mind Body Wellness 

On May 6, Mind Body Optimization (MBO) announced that it entered into an agreement to acquire Mind Body Wellness.  Mind Body Wellness is a mental health provider that operates out of Franklin, Tennessee. It focuses on mental health as well as addiction.  MBO is an outpatient mental health center that operates out of locations in Texas and Tennessee. It offers treatment for depression, anxiety, PTSD and trauma.  With this acquisition MBO operates out of five locations: Southlake, Plano and Fort Worth, Texas, as well as Franklin and Knoxville, Tennessee. The financial terms of the acquisition were not disclosed.  According to data captured in the LevinPro HC database,... Read More »
PE-Backed Your Behavioral Health Acquires Insight Treatment Programs

PE-Backed Your Behavioral Health Acquires Insight Treatment Programs

Your Behavioral Health, a portfolio company of private investment firm Comvest Partners, has acquired Insight Treatment Programs. Insight joins Your Behavioral Health’s regional network of behavioral health clinics providing mental health and addiction treatment care for teens and adults. Founded in 1993, Insight Treatment Programs is a Southern California provider of teen outpatient mental health and addiction treatment programs. Insight operates six locations across the Los Angeles and Modesto, California MSAs, providing intensive outpatient services and community-focused support to adolescents and their families. Your Behavioral Health is a Torrance, California-based behavioral health... Read More »
Opya Announces Acquisition to Expand Autism Therapy Services

Opya Announces Acquisition to Expand Autism Therapy Services

Opya ended April 2024 with a deal announcement. The San Mateo, California-based company announced the acquisition of the Center for Autism Spectrum Therapy (CAST), an early intervention autism therapy clinic provider located in Culver City, California. Founded in 2016, Opya provides early intervention therapy for newly diagnosed children aged 18 months up to 6 years old, in addition to providing accompanying speech and occupational therapies via telehealth. The CAST acquisition expands Opya’s Southern California presence and adds a clinic-based option to Opya’s personalized in-home autism services. Financial terms of the deal were not disclosed. According to data captured in the LevinPro... Read More »
Click Therapeutics Acquires Assets of Better Therapeutics 

Unveiling Opportunities: Investing in Autism and I/DD Sectors

In the Behavioral Health Care (BHC) market, the autism and intellectual and developmental disabilities (I/DD) markets have experienced several years of whirlwind M&A activity.  While there is a fair amount of crossover between autism and I/DD, there are distinct differences. Autism is a neurodevelopmental disorder that is characterized by deficits in social communication and the presence of repetitive and restrictive behaviors. Intellectual disabilities are neurodevelopmental disorders characterized by impairment in intelligence and adaptive function that appear in childhood. Developmental disabilities are physical impairments that present before adulthood. Although some... Read More »
Click Therapeutics Acquires Assets of Better Therapeutics 

Kentucky Counseling Center Acquires Flourish Psychotherapy 

Kentucky Counseling Center (KCC) announced on April 3 that it entered into an agreement to acquire Flourish Psychotherapy.   Flourish Psychotherapy is a mental health counseling center in Cincinnati, Ohio. It also serves the Columbus, Ohio area.  KCC provides mental health counseling out of three locations in Kentucky. It has nearly 180 employees. According to the press release, the company reported 63% revenue growth during 2022 and 2023.  The original deal press release notes that the acquisition will expand KCC’s presence to Cincinnati and Columbus. Flourish Psychotherapy will rebrand as Counseling Now. The combined company will have five locations that are run by more... Read More »