Sabino Recovery Purchases Cypress Lakes Lodge
On October 26, Sabino Recovery, run by Thomas Isbell, announced its acquisition of Cypress Lakes Lodge, marking the 89th Behavioral Health Care (BHC) transaction of the year. Sabino Recovery specializes in the treatment of childhood or adult trauma, PTSD, anxiety, depression, substance abuse and addictions. The company is based in Tucson, Arizona and was founded in 2015. Based in Woodville, Texas, Cypress Lakes Lodge treats substance abuse from alcohol to opioids. It was established in 2017 and has a team of six dedicated employees to aid people in their recovery. This acquisition expands and strengthens Sabino Recovery’s substance use treatment capabilities into... Read More »
Acorn Health Expands Presence With Acquisition of Seven Applied Behavior Analysis Centers
Acorn Health, a portfolio company of MBF Healthcare Partners, announced on October 18 that it acquired seven applied behavior analysis (ABA) centers. The terms were not disclosed. Acorn Health, formed in October 2018, manages a network of behavioral health companies that offer applied behavior analysis therapy (ABA). It has locations in Michigan, Florida, Illinois and Virginia. The ABA centers are in downtown Orlando, Longwood, Riverview, East Orange, Champions Gate and Kissimmee, Florida and Stafford, Virginia. The addition of the seven centers takes Acorn’s presence to 14 in Florida and 13 in Virginia. The centers were acquired through Breakthrough Behavior Florida.... Read More »
ARC Health Acquires Relationship Therapy Center
ARC Health, a Thurston Group portfolio company, announced on October 17 that it acquired the Relationship Therapy Center, the most extensive couples therapy practice in the Midwest. The deal marks ARC Health’s third transaction since it was formed in 2021 in partnership with outpatient mental health provider Advanced Recovery Concepts. The terms of the deal were not disclosed. Founded in 2006 and located in St. Louis Park, Minnesota, Relationship Therapy Center is a counseling practice specializing in couples therapy. The practice has more than 30 therapists specializing in relationship counseling. ARC Health is a mental health specialty services organization supporting psychiatry,... Read More »
Behavioral Health M&A Market Slows in Third Quarter
The Behavioral Health Care (BHC) sector appeared to be on the up-and-up since breaking records in deal totals in 2021 when there were 124 transactions announced. So far, during 2022, there have been 79 deals announced as of September 30, 2022, falling just short of the 83 deals announced during the same 2021 period. Although, pre-2021, this would be a strong showing for this market, it pales in comparison to the incredible growth we’ve been seeing lately in the BHC sector, which started to slow near the end of the third quarter. There were 23 BHC deals announced during Q3 of 2022 across nine different subsectors, including substance use, autism & I/DD services, psychiatric/clinical... Read More »
