Madison River Capital Makes Strategic Investment Into Senior Care Therapy

Madison River Capital Makes Strategic Investment Into Senior Care Therapy

Madison River Capital (MRC), a New York-based private equity firm, announced that funds affiliated with MRC have made a strategic investment into Senior Care Therapy.  Senior Care Therapy is a provider of patient-centered psychology and mental health services to the geriatric population in sub-acute, long-term care and assisted living communities. The company was founded in 2008 and has grown to be a leading provider of critical mental health services within more than 300 facilities across multiple states.  MRC is focused on partnering with founders and building leading businesses across a variety of industries, with a focus on healthcare and industrials. After founding and... Read More »
Exult Healthcare Joins ARC Health

Exult Healthcare Joins ARC Health

ARC Health, a Thurston Group portfolio company, has announced its expansion in Texas with its latest acquisition. ARC Health will acquire Exult Healthcare, a mental health practice providing comprehensive behavioral health and addiction treatment to residents in McKinney, Texas, as well as Collin, Grayson and Cook counties.  Founded by Dr. Deepika Bhargava, M.D, Exult offers a range of healthcare services tailored to diverse mental health needs. The company’s services include intensive outpatient, psychiatry, therapy, Transcranial Magnetic Stimulation, weight loss management and holistic approaches like mindfulness and yoga.  ARC Health is a mental health specialty services... Read More »
Nonprofit Hanley Foundation Acquires Origins Behavioral HealthCare

Nonprofit Hanley Foundation Acquires Origins Behavioral HealthCare

West Palm Beach, Florida-based Hanley Foundation announced that it has acquired Origins Behavioral HealthCare. According to data captured in the LevinPro HC database, this transaction marks the 78th Behavioral Health Care acquisition of 2023, and the 23rd in the substance use disorder specialty. Origins Behavioral HealthCare’s mental health and addiction treatment centers offer comprehensive, evidence-based treatment for adults in Texas and Florida. Hanley Foundation is a nonprofit company providing substance abuse prevention and education programs for parents and caregivers. The agreement encompasses all of Origins’ locations across Texas and Florida, including Hanley Center in West... Read More »
Exult Healthcare Joins ARC Health

Advanced Psychiatric Group Joins ARC Health

ARC Health, a Thurston Group portfolio company, announced this week its expansion in Florida with its latest acquisition. ARC Health will acquire Advanced Psychiatric Group, an Orlando-based mental health practice providing comprehensive behavioral healthcare services to residents in Central Florida.   ARC Health is a mental health specialty services organization supporting psychiatry, psychology and therapy providers in multiple locations throughout the United States. ARC was formed in 2021 in partnership with outpatient mental health provider Advanced Recovery Concepts.  This transaction was facilitated by Bayshore Growth Partners, a healthcare-focused M&A advisory firm,... Read More »
Madison River Capital Makes Strategic Investment Into Senior Care Therapy

Quadrant-Backed Partnered Health Acquires New View Psychology

Partnered Health, a portfolio company of Quadrant Private Equity, has acquired a psychology services platform in a small but strategic bolt-on acquisition. The company announced its acquisition of New View Psychology (NVP) on November 30, 2023.  Founded in 2005, NVP is an Australian business that connects organizations with psychologists. NVP acts as a bridge between its network of nearly 150 psychologists across the country and parties in need of their services, including GP clinics, corporates and Employee Assistance Program providers.  Partnered Health is made up of a number of established businesses that have been delivering health services to more than five million people... Read More »
New Story Expands in Ohio with Acquisition of The Learning Spectrum

New Story Expands in Ohio with Acquisition of The Learning Spectrum

This week, New Story announced its recent purchase of The Learning Spectrum, an organization offering educational, behavioral and social services in Johnstown, Ohio.  The Learning Spectrum provides individualized services to meet the needs of children between the ages of with Autism and related disabilities in and out of the school.  Founded in 1997, New Story is a leading provider of special and alternative education and therapeutic services. New Story offers integrated academic and therapeutic programming to children and young adults with autism spectrum disorder, mental illness, emotional and behavioral challenges. Rivermont Schools and Your Life ABA clinics are part of the... Read More »