New Story Acquires Virginia Assets of The Center for Autism & Related Disorder 

New Story Acquires Virginia Assets of The Center for Autism & Related Disorder 

New Story, a provider of special and alternative education and therapeutic services, announced its acquisition of the Virginia assets of the Center for Autism & Related Disorder (CARD) for an undisclosed amount.   The Virginia assets include three school campuses and nine applied behavior analysis therapy clinics. CARD is one of the world’s largest and most experienced autism treatment providers and the third largest non-governmental organization in the United States contributing to autism research.  Founded in 1997, New Story offers integrated academic and therapeutic programming to children and young adults with autism spectrum disorder, mental illness and emotional and... Read More »
Thurston Group-Backed ARC Health Acquires Dayspring Behavioral Health

Thurston Group-Backed ARC Health Acquires Dayspring Behavioral Health

ARC Health, a Thurston Group portfolio company, has announced the acquisition of Dayspring Behavioral Health. Dayspring Behavioral Health is a mental health practice with four locations throughout the Seattle MSA. Founded in 2012 by Dr. Amy Ford, the practice offers comprehensive counseling services and specialized pediatric neuropsychological assessments. 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. The company has more than 320 providers throughout its partner... Read More »
ABA Connect Acquires Colorado Springs-Based Bright Behavior

ABA Connect Acquires Colorado Springs-Based Bright Behavior

BrightPath Health Holdings, LLC, doing business as ABA Connect, has announced the completion of its acquisition of Colorado Springs-based Bright Behavior, LLC. According to the LevinPro HC database, this acquisition represents the 50th Behavioral Health Care transaction of the year and the seventh in the autism specialty. The deal marks ABA Connect’s entry into the state of Colorado. The combined company provides services to families throughout a network of 11 clinics across Texas and Colorado. Financial terms of the deal were not disclosed. Bright Behavior is an applied behavioral analysis (ABA) therapy facility in Colorado Springs that serves children diagnosed with autism and... Read More »
New Story Acquires Virginia Assets of The Center for Autism & Related Disorder 

Agenda Health Advises It’s About Time in Its Sale to Community Based Care

Agenda Health, a healthcare-focused M&A advisory firm based in Austin, Texas, advised It’s About Time (IAT) in its acquisition by Community Based Care (CBC). Agenda Health’s mission is to deliver consistent results with a faith-based, Christ-centered focus. Based in Roanoke, Virginia, IAT provides support and personal assistance (including day support, group home and supportive in-home services) for those with developmental disabilities. CBC provides home and community-based services through its family of provider agencies across the country. The company provides programs and support for individuals with intellectual, developmental and physical disabilities from birth to the end of... Read More »
Pneuma Behavioral Health acquires Bright Path Behavioral Health

Pneuma Behavioral Health acquires Bright Path Behavioral Health

Pneuma Behavioral Health announced its strategic acquisition of Bright Path Behavioral Health. According to data captured in the LevinPro HC database, this transaction represents the 45th Behavioral Health Care acquisition of the year. Located in Wake Forest, North Carolina, Bright Path Behavioral Health is a CARF-Accredited, in-network partial hospitalization and intensive outpatient treatment center specifically for adolescents ages 13 to 18. Teens receive treatment for psychiatric disorders that affect multiple aspects of their well-being, including depression, intense anxiety, self-injury, trauma, OCD, ADHD and mood dysregulation. By merging technology and evidence-based treatments... Read More »
Praesum Healthcare Services Acquires Beacon Point Recovery Center

Praesum Healthcare Services Acquires Beacon Point Recovery Center

Praesum Healthcare Services announced on August 4 that it entered the M&A market for the first time with the acquisition of Beacon Point Recovery Center. The financial terms of the deal were not disclosed. Beacon Point Recovery Center provides substance use disorder (SUD) treatments. It has a 20-bed detox facility and 92 residential beds in the Philadelphia metro area. Praesum Healthcare Services is a privately-owned SUD provider with more than 30 locations across New Jersey, New York, Massachusetts, Florida and Georgia. Praseum operates across five states and plans on adding one additional state in 2024. Its services include detox, inpatient, counseling and residential care. Praesum... Read More »