KKR-Backed Company Acquires Trumpet Behavioral Health
BlueSprig Pediatrics announced that it entered an agreement to acquire Trumpet Behavioral Health. Trumpet Behavioral Health offers evidence-based behavioral health services to children and adults with autism spectrum disorder and other developmental disabilities, based on the principles of Applied Behavior Analysis. It is based in Lakewood, Colorado and operates 37 locations in seven states, according to its website. WindRose Health Investors, a private equity firm based in New York City, was the seller. Backed by KKR, BlueSprig Pediatrics is a provider of autism therapy. It is headquartered in Houston, Texas and operates 137 centers in 15 states. The deal also... Read More »
PE-Backed Hightop Health Acquires Psych Atlanta
Hightop Health announced its acquisition of Marietta, Georgia-based Psych Atlanta on October 18. According to data captured in the LevinPro HC database, this transaction represents the 62nd Behavioral Health Care (BHC) acquisition of the year. This is a 33% decrease from last year, when there were 92 BHC transactions announced between January 1, 2022, and October 18, 2022. Psych Atlanta is a mental health practice offering medication management, interventional psychiatry, ketamine, spravato and transcranial magnetic stimulation. Backed by private equity firms JLL Partners and SV Health Investors, Hightop Health offers an outpatient mental health platform that uses an... Read More »
LynLake Centers for WellBeing Joins ARC Health
ARC Health, a Thurston Group portfolio company, has announced the acquisition of LynLake Centers for WellBeing for an undisclosed price. The transaction was facilitated by Agenda Health, a healthcare-focused M&A advisory firm headquartered in Austin, Texas. LynLake Psychotherapy and Wellness Ltd, doing business as LynLake Centers for WellBeing, is a Minnesota-based integrative mental health and wellness practice with fourteen locations across Minneapolis and St. Paul. Established in 2014, LynLake offers a wide spectrum of outpatient clinical offerings, spanning from psychotherapy, neuro/psychological testing and nutritional counseling, to neurofeedback, medication management,... Read More »
New Story Acquires Thrive Alliance Group
New Story announced on September 18 that it entered an agreement to acquire Parsippany, New Jersey-based Thrive Alliance Group. Thrive Alliance Group is focused on supporting children with mental health needs in school. It provides care to children and young adults with special education needs in its private schools and directly within public schools for children with Individual Education Plans. Founded in 1997, New Story is a 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.... Read More »
The Crossover of Rehabilitation and Behavioral Health
Traditionally, Behavioral Health Care (BHC) and Rehabilitation have been seen as two separate healthcare sectors with little overlap, but, in the wake of both COVID-19 and the third wave of the opioid crisis, that may (and should) change as more companies discover the potential benefits of pairing both types of healthcare providers together. To get a thorough understanding of each market, we need to define the sectors and what type of care is provided. Rehabilitation provides services related to physical therapy for sports injuries, brain damage accidents, post-acute care physical rehabilitation and work-place injuries. BHC consists of providers that focus on treating mental health. This... Read More »Schedule a demo
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