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 »
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 »
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 »
Hightop Health Purchases Roots Behavioral Health
Hightop Health announced on February 22 the acquisition of Roots Behavioral Health (RBH) in Austin, Texas. Founded in 2016, RBH is a family-owned behavioral health clinic. RBH offers various evidence-based treatment modalities under one roof including ketamine therapy, psychotherapy and medication management. Backed by private equity firms JLL Partners and SV Health Investors, Hightop Health offers an outpatient mental health platform that uses an integrative and measurement-based approach to care. Brentwood Capital Advisors acted as the exclusive financial advisor to RBH and Polsinelli PC served as Hightop Health’s legal counsel for this transaction. Financial terms of the deal were not... Read More »
The Nord Center Merges with The LCADA Way
The Nord Center announced on January 12 that it was merging with The LCADA Way, in a transaction that will form a $45 million organization. The LCADA Way is a non-profit behavioral health center that treats substance use disorder in Lorain, Ohio. It offers a 24/7 crisis information hotline. The Nord Center is a mental health provider based out of Lorain, Ohio. It provides services for mental health emergencies, sexual assault and behavioral health crises. Once the merger is complete on July 1, 2024, the combined company will employ about 425 people and operates about a dozen locations, according to a news release. The financial terms were not disclosed. ... Read More »Schedule a demo
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