Proven Behavior Solutions is primed to expand its services across New England following a strategic investment in the company.
The Norwell, Massachusetts-based Autism Spectrum Disorder (ASD) treatment company announced it landed an investment from New York City-based Health Enterprise Partners but did not offer specifics in the news release announcing the deal.
A request for comment sent to the company has not yet been returned. This story may be updated.
CEO Scott Snider and COO Lindsey Snider founded Proven Behavior Solutions in 2015. It provides Applied Behavior Analysis (ABA) therapy, speech-language therapy, occupational therapy, special education advocacy services, Assistive Technology support and wrap-around services.
It serves children and young adults with an acute diagnosis of ASD with personalized care plans and makes it a part of its strategy to ensure that clinicians have lower-than-average patient ratios to ensure quality and avoid burnout.
“I’ve had the good fortune of knowing Scott and Lindsey Snider for a number of years as they have built Proven into a leading provider of high-quality services for individuals diagnosed with ASD,” Pete Tedesco, managing partner at Health Enterprise Partners, said in the news release.
Proven Behavior Solutions operates three clinical centers in Norwell, West Bridgewater, and Stoughton, Massachusetts and offers home-based care from south of Boston to Cape Cod, Massachusetts.
Health Enterprise Partners is a lower middle-market private equity firm focused exclusively on investments in healthcare services and technology businesses. It raises capital from a network of payers, providers and healthcare organizations. The investment bank and financial services firm Cowen Inc. (Nasdaq: COWN) advised Proven Behavior Solutions on the deal.
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