Kentucky Counseling Center Acquires Flourish Psychotherapy 

Kentucky Counseling Center Acquires Flourish Psychotherapy 

Kentucky Counseling Center (KCC) announced on April 3 that it entered into an agreement to acquire Flourish Psychotherapy.   Flourish Psychotherapy is a mental health counseling center in Cincinnati, Ohio. It also serves the Columbus, Ohio area.  KCC provides mental health counseling out of three locations in Kentucky. It has nearly 180 employees. According to the press release, the company reported 63% revenue growth during 2022 and 2023.  The original deal press release notes that the acquisition will expand KCC’s presence to Cincinnati and Columbus. Flourish Psychotherapy will rebrand as Counseling Now. The combined company will have five locations that are run by more... Read More »
Mountainside Medical Center Enhances Behavioral Health Services With Acquisition

Mountainside Medical Center Enhances Behavioral Health Services With Acquisition

Mountainside Medical Center kicked off April 2024 with the successful acquisition of behavioral health providers from Envision Healthcare. The providers will join Mountainside Medical Center’s employed physician enterprise, Mountainside Medical Group.  The acquired assets include the behavioral health assets and providers of Envision Healthcare, a Nashville, Tennessee-based healthcare company and national hospital-based physician group.  Mountainside Medical Center is a patient-focused, community-oriented acute care hospital in Montclair, New Jersey. The behavioral health team at Mountainside Medical Center provides a wide range of comprehensive services, including... Read More »
Acadia Healthcare Acquires Three Comprehensive Treatment Centers in North Carolina

Acadia Healthcare Acquires Three Comprehensive Treatment Centers in North Carolina

Acadia Healthcare Company, Inc. announced on March 28 that it has recently completed the acquisitions of three comprehensive treatment centers (CTC) in North Carolina. The CTCs are located in Raleigh, Greenville and Hillsborough, North Carolina. Acadia is a leading provider of behavioral healthcare services across the United States. As of December 31, 2023, Acadia operated a network of 253 behavioral healthcare facilities with approximately 11,200 beds in 38 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 2023 financial report, Acadia... Read More »
PE Firm Fletch Equity Buys Autism Spectrum Interventions

PE Firm Fletch Equity Buys Autism Spectrum Interventions

Private equity investor Fletch Equity announced that it has purchased Fullerton, California-based provider Autism Spectrum Interventions (ASI).  Founded in 2009, ASI is a provider of applied behavior analysis therapy in home- and school-based settings. The company works with school districts, Medi-Ca, Medicaid and several commercial health plans.  Founded in 2019, Fletch Equity is a firm focused on the lower-middle market. The company is headquartered in Los Angeles, California and prefers to invest in growth-stage companies through buyouts.  According to Fletch Equity, the ASI acquisition marks the firm’s thirteenth acquisition in the last 33 months. Mergers and... Read More »
PE Firm Fletch Equity Buys Autism Spectrum Interventions

Children’s Autism Center Expands in Northeast Indiana With Child’s Play Plus

The Children’s Autism Center announced that it has acquired local provider Child’s Play Plus, signaling a strategic move to enhance its services in Northeast Indiana.  Starting in 2014 as one clinic specializing in autism services, Child’s Play Plus has become a multidisciplinary pediatric therapy center offering behavioral, developmental and rehabilitative services across multiple locations in Northeast Indiana.  Children’s Autism Center is a nonprofit Applied Behavior Analysis (ABA) agency headquartered in Fort Wayne, Indiana. Children’s Autism Center has been providing autism support in northeast Indiana since 2005, serving around 140 clients annually across its Fort... Read More »
Kentucky Counseling Center Acquires Flourish Psychotherapy 

Summit BHC Enters New England Market With Sobriety Centers of New Hampshire Acquisition

Summit BHC has announced its entry into the New England market with the acquisition of Sobriety Centers of New Hampshire (SCNH). Financial terms of the deal were not disclosed. SCNH operates addiction treatment facilities in New Hampshire. These centers provide a broad array of substance use disorder treatments and services, including detoxification, residential and various levels of outpatient programs. Summit BHC was founded in 2013 to develop and operate a network of leading addiction treatment and behavioral health centers throughout the United States. Including the newly acquired facilities, the company owns and operates 31 inpatient facilities across 19 states. Its services include... Read More »