Empower Community Care, an Atlanta-based company that provides behavioral health services and technologies to vulnerable populations, has received an investment from the middle market private equity firm Northlane Capital Partners (NCP).
NCP’s investment was made in partnership with Empower’s existing management team, led by co-CEOs Josh Glade and Logan Greenspan, as well as co-founder Keller Strother. Financial details of the investment were not announced.
“We are excited to partner with NCP and execute on our shared vision of growing the Empower platform,” Glade said in a press release announcing the investment. “NCP provides valuable resources and domain expertise that will enable us to accelerate our ability to improve services available to vulnerable populations.”
Founded in 1996, Empower services are toward troubled youth, their families and caregivers. Empower serves over 800 customers across 45 states and 17 countries through its three business subsidiaries: Multisystemic Therapy (MST) Services, Orbis Partners and Evidenced Based Associates (EBA).
MST provides a full suite of training and support for multisystemic therapy, which is proven to address the needs of troubled youth and their families and caregivers through community interventions.
Orbis Partners provides criminal justice and human services systems with software applications, interventions and assessment tools to help at-risk youth.
Finally, EBA works with counties and states to help them select, evaluate and implement evidence-based practices.
Since its founding in 2003, the Bethesda, Maryland-based NCP has invested over $1.5 billion in the health care and business services sectors.
“Empower has an excellent reputation of generating positive outcomes for communities, supported by 30+ years of clinically-proven results,” Scott Kauffman, a partner at NCP, said in the press release. “We look forward to working with Josh, Logan, and Keller to expand the company’s treatment services and supporting the company through its next phase of growth.”
Empower’s business lines are part of the larger worldwide child and youth services market, which is growing in size. According to financial data website Research and Markets, the global child and youth services market is valued at nearly $103 billion and is expected to grow to more than $125 billion by 2023.