Quadrant-Backed Partnered Health Acquires New View Psychology
Partnered Health, a portfolio company of Quadrant Private Equity, has acquired a psychology services platform in a small but strategic bolt-on acquisition. The company announced its acquisition of New View Psychology (NVP) on November 30, 2023. Founded in 2005, NVP is an Australian business that connects organizations with psychologists. NVP acts as a bridge between its network of nearly 150 psychologists across the country and parties in need of their services, including GP clinics, corporates and Employee Assistance Program providers. Partnered Health is made up of a number of established businesses that have been delivering health services to more than five million people... Read More »
New Story Expands in Ohio with Acquisition of The Learning Spectrum
This week, New Story announced its recent purchase of The Learning Spectrum, an organization offering educational, behavioral and social services in Johnstown, Ohio. The Learning Spectrum provides individualized services to meet the needs of children between the ages of with Autism and related disabilities in and out of the school. Founded in 1997, New Story is a leading provider of special and alternative education and therapeutic services. New Story offers integrated academic and therapeutic programming to children and young adults with autism spectrum disorder, mental illness, emotional and behavioral challenges. Rivermont Schools and Your Life ABA clinics are part of the... Read More »
Behavioral Health Care M&A Deals Decline Amid Construction-Related Inflation, Fed Rate Increases
Market conditions that include rising borrowing costs and increasing construction-related expenses have led those engaged in behavioral health care deals to employ various growth and expansion strategies. Shane Harmon, senior director, behavioral health at Blueprint – Healthcare Real Estate Advisors, is a broker who has had to go well beyond reliance on the typical M&A approach to business. “I would say since Blueprint started their behavioral division, in July of last year, we’ve done 12 transactions [worth] $80 million,” Harmon said. The deals include eight real estate conversions, three sale leasebacks and one business sale. The firm is also working on three other sales.... Read More »
Manhattan Psychology Group Joins ARC Health
ARC Health, a Thurston Group portfolio company, has announced the acquisition of Manhattan Psychology Group (MPG) for an undisclosed price. The transaction was facilitated by Mertz Taggart, a healthcare-focused M&A advisory firm, headquartered in Fort Myers, Florida. Established in 2011, MPG provides comprehensive psychological, behavioral and educational services in the New York City MSA. With more than 200 providers, including clinical psychologists, neuropsychologists, psychotherapists, board-certified behavior analysts and special education teachers, MPG provides wrap-around virtual and in-person support across all settings, including the office, home, school and community. ... Read More »
PE Firm Fulcrum Equity Partners Acquires Defining Wellness Centers
Fulcrum Equity Partners has announced its acquisition of Defining Wellness Centers, a premier drug and alcohol addiction treatment facility located in Mississippi. The strategic investment aims to propel the expansion of Defining Wellness Centers, leveraging Fulcrum’s financial support and industry expertise to broaden its impact in the Mississippi market and beyond. Committed to evidence-based care and empowerment, Defining Wellness Centers provides clients with the tools and support needed to overcome substance use disorders and mental health issues. Fulcrum Equity Partners is an Atlanta-based growth equity firm that invests in healthcare services and B2B tech... Read More »Schedule a demo
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