Monte Nido Could Reportedly Fetch $1B Sale Price

Los Angeles-based Levine Leichtman Capital Partners LLC apparently wants to unload Miami-based eating disorder treatment provider Monte Nido & Affiliates Holdings LLC. reported Monday that Levine Leichtman could seek a sale price of up to $1 billion. That’s based on unnamed sources disclosing to that the private equity firm is seeking a 20x multiple of Monte Nido’s $50 million in EBITDA.

Behavioral Health Business has reached out to Levine Leichtman and to Monte Nido for comment. They have not responded as of the writing of this article. This story may be updated.


New York City-based private equity firm Centre Partners Management LLC announced the sale of Monte Nido to Levine Leichtman in September 2015. The terms of the deal were not disclosed at that time.

One of the three advisors on the deal six years ago was Richmond, Virginia-based investment bank and financial services company Harris Williams & Co. reports that Levine Leichtman has retained Harris Williams & Co. to advise on the potential sale.

Levine Leichtman announced a follow-on deal to the Monte Nido acquisition in October 2020. Monte Nido acquired Phoenix-based Rosewood Ranch L.P., which at that time, operated three eating disorder treatment facilities in the Phoenix market.


In September, Behavioral Health Business reported that Monte Nido completed its acquisition of Walden Behavioral Care LLC. Walden operates 12 programs across Massachusetts, Connecticut and Georgia that provide treatment for eating disorders and psychiatric conditions.

We also reported that in January that Monte Nido added five new residential treatment sites, acquired an inpatient facility and also entered multiple new states in 2020 as part of a profile of Monte Nido CEO Candy Henderson

Monte Nido, founded in 1996, offers residential treatment services in 11 cities and partial hospitalization treatment services in 8 cities, according to its website. Previous news releases state that Monte Nido’s business encompasses 34 programs in 12 states.

Monte Nido is an investment of Levine Leichtman Capital Partners Fund V L.P.

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