SPG acquires Child Counseling & Behavior Therapy Clinic
SPG, an autism services provider that’s a portfolio company of the private equity firm Ridgemont Equity Partners, has acquired Child Counseling & Behavior Therapy Clinic, an applied behavior analysis (ABA) company based in Southern California. Financial terms of the deal were not disclosed.
Headquartered in Walnut Creek, California, SPG treats children with autism and other intellectual and developmental disabilities. It provides behavioral health and therapeutic services to patients in school, clinic and home-based settings. Its offerings include ABA and various other types of therapy in several states across the Western U.S.
Child Counseling & Behavior Therapy Clinic also provides ABA and other behavioral interventions in schools, homes and community-based settings. It serves children across the southern part of the Golden State.
The acquisition broadens SPG’s geographic footprint in California and strengthens its multidisciplinary team, company leadership said in a press release announcing the news.
Recovery Ways announces four deals, multi-state expansion
Recovery Ways — a provider of substance use disorder (SUD) and mental health treatment programs with three locations in Murray, Utah — has made four acquisitions and created a new multi-state network of programs called the Recovery Ways Family of Programs.
Terms of the transactions were not released.
- Omega Recovery, a technology addiction and mental health treatment center in Austin, Texas
- Breakthrough Recovery Group, a provider of outpatient SUD and mental health services in Spokane, Washington
- Colonial Clinic, also an outpatient center located in Spokane that treats SUD and mental health conditions
- And Alpine Recovery, a dual diagnosis program in Arlington, Washington
Together, those five businesses make up the newly formed Recovery Ways Family of Programs, which is a portfolio company of the PE firm Chicago Pacific Founders (CPF). CPF is focused on investing in growth companies within health care and senior services.
“As a nation, during the past 12 months, we have experienced a dramatic increase in substance use, overdoses and suicides,” Recovery Ways CEO Jaime Vinck said in a press release announcing the news. “The Recovery Ways Family of Programs is committed to doing our part to bring more accessible high quality, high value care to those who struggle.”
KNR Therapy, Forbes Behavioral Services merge
Two Florida-based autism therapy treatment providers — KNR Therapy and Forbes Behavioral Services — have merged. Financial terms of the transaction were not disclosed.
Backed by the health care investment firm Shields Capital, KNR provides home-based ABA therapy to children across the Tampa Bay area. Its model revolves around ongoing assessments and family participation training to drive optimal clinical outcomes.
Meanwhile, Forbes Behavioral Services is based in Mount Dora, Florida, where it serves clients between the ages of 2 to 25 years old. Like KNR, it specializes in ABA for children with autism.
Forbes Behavioral Services owner Nicole Forbes will move into the role of chief clinical officer at KNR as part of the deal, which expands the combined company’s reach across Central Florida.
Mitchell Family Office buys American Health Partners
Mitchell Family Office (MFO) has acquired American Health Partners, which operates five inpatient psychiatric hospitals in addition to a bevy of other types of facilities. Financial terms of the deal were not disclosed.
Birmingham, Michigan-based MFO is an investment firm with significant investments in the health care sector, according to a press release announcing the news.
Meanwhile, American Health Partners is based in Franklin, Tennessee. In addition to its behavioral operations, the company has 29 skilled nursing and senior living facilities, various home health and hospice offices, a long-term care pharmacy and a growing presence in the specialty Institutional Special Needs Plan (I-SNP) insurance market. In total, the company has seven divisions across nine states.
As a result of the deal, American Health Partners will operate as a subsidiary of MFO.