Behavioral Health Consolidation Continues

by | Oct 19, 2015 8:59 am | Behavioral Health Care, Private Equity | 0 comments

Late last week came word that Community Intervention Services, a portfolio company formed by H.I.G. Growth Partners, acquired Northstar Psychological Services in Alpharetta, Georgia. Northstar Psychological provides community-based behavioral health services to individuals and families across 38 counties in Georgia. The company employs a clinical staff of more than 90, and provided treatment to more than 2,600 patients in 2014. This is the seventh acquisition for Community Internation Services since its founding in April 2012. Read More »

New PE Players in the Behavioral Health Market

by | Aug 3, 2015 8:38 am | Behavioral Health Care | 0 comments

The behavioral health care market just a little more competitive, as Odyssey Behavioral Healthcare and Community Intervention Services each announced acquisitions last week. Odyssey Behavioral was formed in May as a partnership between Nautic Partners LLC and Odyssey’s now-CEO, Scott Kardenetz, a 25-year veteran of the BHC industry. Their first acquisitions are Pasadena Villa Psychiatric Residential Treatment Centers in Sevierville, Tennessee and Orlando, Florida, and Lifeskills South Florida, in Deerfield Beach. Community Intervention Services, a portfolio company of H.I.G. Growth Partners, acquired Futures Behavior Therapy Center, LLC in Beverly, Massachusetts, adding to its own... Read More »