Investment firm SBJ Capital has announced that it has completed a partnership arrangement with Ally Pediatric Therapy, a Paradise Valley, Arizona-based provider of speech and autism therapies to children and young adults.
Ally operates six locations in the greater Phoenix area for youth with speech, communication and feeding challenges. Ally provides speech language therapy and applied behavior analysis (ABA) therapy – the latter of which is considered a gold standard of autism care – and centers its care delivery around individualized treatment in play-based environments.
Headquartered in Walnut Creek, California, SBJ provides equity and debt investments to lower middle-market companies such as those focused on health care. SBJ’s investments range from $10-50 million for companies generating up to $100 million in revenue and between $3-15 million in EBITDA.
SBJ manages approximately $300 million, according to its website.
“We chose to partner with SBJ as we felt strongly that they share our belief in the importance of our services and therapy to the lives of children with autism and their families,” Anthony Macleod, the founder and CEO of Ally Pediatric Therapy, said in a press release.
Along with Ryan Goodrich, Macleod founded Ally in 2015 and currently has over 175 employees.
“With this new partnership, we will have experienced partners who understand our mission and will support us and our incredible team in continuing to provide the best possible therapy to our children,” Goodrich, who is also Ally’s chief financial officer, said in the press release.
With the partnership, Ally is looking to expand its footprint into new communities. The provider is scheduled to open its seventh Phoenix-area facility next month.
Financial details of the partnership were not disclosed.
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