ABA Connect Acquires Colorado Springs-Based Bright Behavior
BrightPath Health Holdings, LLC, doing business as ABA Connect, has announced the completion of its acquisition of Colorado Springs-based Bright Behavior, LLC. According to the LevinPro HC database, this acquisition represents the 50th Behavioral Health Care transaction of the year and the seventh in the autism specialty. The deal marks ABA Connect’s entry into the state of Colorado. The combined company provides services to families throughout a network of 11 clinics across Texas and Colorado. Financial terms of the deal were not disclosed. Bright Behavior is an applied behavioral analysis (ABA) therapy facility in Colorado Springs that serves children diagnosed with autism and... Read More »
Agenda Health Advises It’s About Time in Its Sale to Community Based Care
Agenda Health, a healthcare-focused M&A advisory firm based in Austin, Texas, advised It’s About Time (IAT) in its acquisition by Community Based Care (CBC). Agenda Health’s mission is to deliver consistent results with a faith-based, Christ-centered focus. Based in Roanoke, Virginia, IAT provides support and personal assistance (including day support, group home and supportive in-home services) for those with developmental disabilities. CBC provides home and community-based services through its family of provider agencies across the country. The company provides programs and support for individuals with intellectual, developmental and physical disabilities from birth to the end of... Read More »
Pneuma Behavioral Health acquires Bright Path Behavioral Health
Pneuma Behavioral Health announced its strategic acquisition of Bright Path Behavioral Health. According to data captured in the LevinPro HC database, this transaction represents the 45th Behavioral Health Care acquisition of the year. Located in Wake Forest, North Carolina, Bright Path Behavioral Health is a CARF-Accredited, in-network partial hospitalization and intensive outpatient treatment center specifically for adolescents ages 13 to 18. Teens receive treatment for psychiatric disorders that affect multiple aspects of their well-being, including depression, intense anxiety, self-injury, trauma, OCD, ADHD and mood dysregulation. By merging technology and evidence-based treatments... Read More »
Praesum Healthcare Services Acquires Beacon Point Recovery Center
Praesum Healthcare Services announced on August 4 that it entered the M&A market for the first time with the acquisition of Beacon Point Recovery Center. The financial terms of the deal were not disclosed. Beacon Point Recovery Center provides substance use disorder (SUD) treatments. It has a 20-bed detox facility and 92 residential beds in the Philadelphia metro area. Praesum Healthcare Services is a privately-owned SUD provider with more than 30 locations across New Jersey, New York, Massachusetts, Florida and Georgia. Praseum operates across five states and plans on adding one additional state in 2024. Its services include detox, inpatient, counseling and residential care. Praesum... Read More »
Acadia Healthcare Company Acquires Turning Point Centers
Acadia Healthcare Company has announced its acquisition of the 76-bed Turning Point Centers. Turning Point Centers is a specialty provider of substance use disorder treatment and primary mental health treatment services through its eight locations in Utah. Acadia is a leading provider of behavioral healthcare services across the United States. Acadia operates a network of 242 behavioral healthcare facilities with approximately 10,800 beds in 40 states and Puerto Rico. With more than 20,000 employees serving approximately 70,000 patients daily, Acadia is the largest stand-alone behavioral health company in the United States. According to its FY 2022 financial report, Acadia had annual... Read More »Schedule a demo
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