Northeast Recovery Strengthens Behavioral Health Care in Massachusetts

Northeast Recovery Strengthens Behavioral Health Care in Massachusetts

Northeast Recovery LLC announced that it has assumed operations of three Massachusetts-based providers of substance use and mental health treatment: Bedrock Recovery Center, Spring Hill Recovery Center and Spring Hill Recovery Outpatient Center. Bedrock Recovery Center offers evidence-based addiction and mental health treatment in Canton, Massachusetts. The company offers compassionate care and 24/7 support. Spring Hill Recovery Center provides holistic addiction treatment in Massachusetts with residential, outpatient, and aftercare programs in a serene setting. The company is located in Ashby, Massachusetts. Spring Hill Recovery Outpatient Center provides holistic addiction treatment with... Read More »
The Braff Group Advises Eagles Wing on its Acquisition by Redwood Family Care

The Braff Group Advises Eagles Wing on its Acquisition by Redwood Family Care

Private equity-backed Redwood Family Care Network announced that it has acquired Eagles Wing, expanding its geographic footprint into the Midwest. Minnesota-based Eagles Wing provides residential and day support services to individuals with developmental disabilities across Beltrami and Polk Counties. Redwood Family Care Network, backed by private equity firm Webster Equity Partners since 2021, is a multi-state organization dedicated to providing person-centered services for individuals with intellectual and developmental disabilities. The Braff Group served as the exclusive financial advisor to Eagles Wing. Polsinelli served as the sell-side legal counsel. Financial terms of the deal were... Read More »
The Braff Group Advises Eagles Wing on its Acquisition by Redwood Family Care

Thesis Capital Partners Invests in The Ridge Ohio to Grow Addiction Treatment Programs

The Ridge Ohio announced that it has been acquired by Thesis Capital Partners for an undisclosed price. The Ridge Ohio is a physician-led addiction treatment center in Ohio. Founded in 2011 by Dr. Jeffrey Stuckert, John McKay and other national investors, The Ridge Ohio has grown from its origins as a 16-bed residential program into a 32-bed continuum of care, encompassing detox, residential and outpatient services across its Cincinnati and Columbus locations. Founded in 2017, Thesis Capital Partners is a Houston, Texas-based private equity firm specializing in partnerships with family-owned businesses. “This marks a meaningful milestone to further the vision Dr. Stuckert set in motion to... Read More »
Station Partners Invests in First Children Services 

Station Partners Invests in First Children Services 

Station Partners, based in Morristown, New Jersey, announced that it led a growth investment in First Children Services (FCS).  FCS is a leading provider of behavioral health and special education services to children and adolescents throughout New Jersey and Pennsylvania. It provides a comprehensive continuum of care, taking an integrated approach to special education and therapeutic services. It serves more than 1,000 children.  Station Partners is a private investment firm focused on making control and control-like investments in profitable U.S. businesses. Station Partners was formed to make transformative investments in concert with management teams leading lower middle... Read More »
Stella Mental Health Buys Bespoke Treatment in Los Angeles

Stella Mental Health Buys Bespoke Treatment in Los Angeles

On September 8, Stella Mental Health announced its acquisition of Bespoke Treatment, a Joint Commission accredited integrative mental health facility based in Los Angeles, California. Founded in 2019 by neuroscientist Ben Spielberg, Bespoke Treatment has become known for its comprehensive and personalized approach to mental health care, offering both traditional psychiatric services and advanced interventional treatments. Bespoke Treatment provides a full spectrum of services, ranging from general psychiatry and psychotherapy to personalized transcranial magnetic stimulation, Spravato®, IV ketamine and intensive outpatient programming. Stella Mental Health is an interventional psychiatry... Read More »
SUN Behavioral Health’s Acquisition Strategy: A Conversation with CEO Steve Page

SUN Behavioral Health’s Acquisition Strategy: A Conversation with CEO Steve Page

Unlike many other healthcare sectors experiencing a decline in M&A deal volume, the Behavioral Health Care (BHC) market has seen a plethora of deal activity in 2025. According to data captured in the LevinPro HC, there have been 74 BHC transactions announced since the start of the year, outpacing the 73 deals announced in 2024. The deal volume of 2025 is on track to outpace the 83 deals reported in 2023 as well. However, 2022 and 2021 saw incredibly high deal volume; there were 113 deals reported in 2022 and 131 in 2021. The large deal volume seen in 2022 and 2021 was due to the high demand for mental health services resulting from the challenges faced by the country during the... Read More »