Pathways Health and Community Support — a multi-state provider of behavioral health services — has completed its purchase of Renew Consulting, an Albany, Oregon-based provider of caregiving support for individuals with mental health needs, as well as those with intellectual and developmental disabilities (I/DD).
Terms of the deal, which was announced Wednesday, were not disclosed.
Founded in 2004, Renew Consulting serves individuals in nine counties in northwestern Oregon. Employing a staff of more than 200 workers, Renew provides 24-hour care in community-based residential homes.
“Renew is a fantastic company with an experienced and dedicated team passionate about serving their clients and community,” Pathways CEO Jill Winters, who is also a former UnitedHealthcare executive, said in a press release. “This acquisition aligns with our mission to improve lives across the country and I am delighted that, together, we will be able to deliver a full array of behavioral health services in Oregon.”
St. Louis-based Pathways, which was established in 1997 as Providence Service Corporation, offers a variety of behavioral health services to adults and children across 19 states and Washington, D.C.
Pathways’ services include mental health assessments and treatment, substance use disorder (SUD) care, home-based counseling and school-based assistance. Pathways, which has over 5,000 employees, also operates residential and day treatment programs for individuals with autism and I/DD.
Pathways services are provided to clients in their homes and at the company’s physical locations, as well as through telehealth and community-based resources. Additionally, the company operates a workplace seminar program called “Pathways at Work,” which is designed to help employees manage stress and anxiety due to recent events like the pandemic, along with longstanding issues pertaining to racism and social injustice.
Pathways is owned by the Los Angeles-based private equity firm Atar Capital, which purchased the provider in 2018.
Companies featured in this article:
Atar Capital, Pathways Health and Community Support, Renew Consulting