Autism Behavioral Institute Receives Significant Investment from Decathlon Capital Partners
Autism Behavioral Institute (ABI) has announced a revenue-based investment from Park City, Utah-based private equity firm Decathlon Capital Partners. Headquartered in Charlotte, North Carolina, ABI provides ABA therapy and testing and evaluation services for children with autism. ABI has 11 centers across South Carolina, Washington D.C., Virginia, North Carolina, Georgia and Maryland. ABI provides individualized ABA treatment for children in home, school, and community settings. Additionally, it offers diagnostic evaluations for autism and parent participation training. Decathlon Capital Partners is a leading provider of financing solutions and growth capital for companies seeking flexible... Read More »
Provident Behavioral Health Acquires Care and Counseling in Creve Coeur, Missouri
Provident Behavioral Health has announced its acquisition of Care and Counseling, a mental health services nonprofit in Creve Coeur, Missouri. According to data captured in the LevinPro HC database, this acquisition marks the 35th Behavioral Health Care acquisition of the year, and the 10th in the counseling specialty. Care and Counseling was founded in 1968 as an interfaith agency providing mental health services to children, adults and families, as well as congregational and clergy training. Founded in 1860, Provident Behavioral Health provides in-person behavioral health services at its four St. Louis-area locations, as well as through a crisis hotline and its participation in the 9-8-8... Read More »
The Rise Funds Invests in Banyan Treatment Centers
The Rise Funds announced on June 1 that it made a significant investment in Banyan Treatment Centers. Moelis & Company served as exclusive financial advisor to Banyan Treatment Centers. Terms of the investment were not disclosed. Founded in 2013, Banyan offers a full continuum-of-care for patients suffering from addiction. Banyan provides clinical outcomes across medically monitored detox, residential, partial hospitalization, intensive outpatient and telemedicine services. Per its website, it operates across 16 facilities in eight states. The Rise Funds are a core pillar of TPG Rise, TPG’s global impact investing platform. Founded in 2016 by TPG in partnership with Bono and Jeff... Read More »
NewSpring-Backed Patheous Health Acquires Carolina Speech Pathology
Patheous Health, backed by private equity firm NewSpring Capital, announced on May 24 its acquisition of Carolina Speech Pathology for an undisclosed price. This deal expands the company’s mobile dysphagia imaging and education service to 18 states, according to the press release. This is Patheous Health’s second acquisition since April 2020, when the company acquired MBS Envision, a leading innovator in feeding and swallow health for diagnostics and therapeutics. The deal also marks the 31st Behavioral Health Care deal of 2023, according to data captured in the LevinPro HC database. Since 1996, Carolina Speech Pathology has been providing mobile fiberoptic endoscopic... Read More »
Regard Recovery Acquires Three Addiction Treatment Centers
Vertava Health announced on May 15 that it sold three addiction treatment centers to Regard Recovery. The substance use disorder centers are now known as Texas Recovery Center in Scurry, Texas; Swift River in Cummington, Massachusetts; and The Bluffs in Sherrodsville, Ohio. The acquisition of these three centers is part of a scale-back and pivot strategy for Vertava Health as it will allow the company to expand its mental health business and adjust its addicted treatment business trajectory. The acquisition expands Regard Recovery’s state footprint. Before the deal, Regard Recovery operated in Florida, Kentucky, New Jersey, Pennsylvania, Tennessee and West Virginia. According to the... Read More »Schedule a demo
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