Behavioral Health Deal Volume Up 53% in Early 2025

Autism services-related deals surged 100% from the end of 2024 to the first quarter of 2025, reaching their highest volume since Q4 2020. Overall, behavioral health deal volume picked up in Q1 of 2025 after a two-year lull, according to new data from M&A advisory firm The Braff Group. The first quarter of the year […]

Valor Healthcare Buys Mission Critical Psychological Services

Many behavioral health M&A experts predicted a dealmaking rebound in 2025. So far, the year appears to be trending toward those expectations. One of the most recent transactions, in fact, came on Tuesday, when Valor Healthcare Inc. announced the acquisition of Mission Critical Psychological Services (MCPS). Financial terms of the deal were not disclosed. Dallas-based […]

‘What Is Your Long-Term Plan?’: What Founders Need To Know About the Human Experience of Selling an Autism Therapy Business

Autism therapy organizations often evolve from discrete passion projects into business enterprises almost by accident, driven by motivated founders seeking to fulfill some personal mission. Without adequate succession planning, the handoff could be chaotic when the founder is ready to end that chapter of their life. Clear-eyed and specific planning in the early stages of […]

AspenRidge Recovery, Colorado Medication-Assisted Recovery Merge

Denver-based addiction treatment providers AspenRidge Recovery and Colorado Medication-Assisted Recovery have merged. It’s not yet clear which organization is the acquirer. It’s also unclear which investment firms, if any, are involved. A request for comment has not been returned. Cortland Mathers-Suter founded each, and he will take on the CEO role of the combined company. […]

Roper Technologies to Buy ABA Software Company CentralReach for $1.65 Billion

Earlier in March, rumors swirled that applied behavior analysis (ABA) software company CentralReach was on the market and seeking a $1 billion valuation. Those rumors have quickly turned into reality. Roper Technologies Inc. (Nasdaq: ROP) announced Monday that it has reached a definitive agreement to buy CentralReach from Insight Partners for a net purchase price […]

Behavioral Health Beats Back Anti-Investor Bias with Focus on Clinicians, Quality

This is an exclusive BHB+ story Private investment in behavioral health has spawned enough scandals and failures to spark widespread skepticism. This growing distrust now significantly influences behavioral health transactions, making strategies to counteract investor bias essential during the sale process. “I think anti-private equity bias definitely exists,” Tommy Spiegel, vice president at investment bank […]

Wysa Acquires Virtual Behavioral Health Provider April Health

Wysa, an AI-powered mental health chatbot company, has acquired April Health, a behavioral health company that partners with primary care providers. The acquisition expands Wysa’s behavioral health offerings to include both human and AI options. It also allows the company to overcome the challenge of getting reimbursed for its services, Ramakant Vempati, co-founder and president […]

CentralReach Reportedly Considering Exit, Eyes $1B Valuation

Fort Lauderdale, Florida-based CentralReach, a dominant player in the autism therapy software world, is reportedly eyeing a sale and retained an investment bank. Business Insider reports that the William Blair & Co. is now working with CentralReach and seeking a sale at a valuation of $1 billion on $75 million in adjusted earnings.  Both a […]

The Stepping Stones Group Acquires Gallagher Pediatric Therapy

Boston-based The Stepping Stones Group has acquired Gallagher Pediatric Therapy for an undisclosed sum. Gallagher Pediatric Therapy, based in Fullerton, California, offers occupational and physical therapy in school, home and community settings. The company was founded in 1988 by Mary Kay Gallagher and Gene Riddle and serves children in school districts in Los Angeles and […]

2025 Started with a Behavioral Health Dealmaking Pop. Will It Continue?

This is an exclusive BHB+ story Will dealmaking pick up in 2025? I posit: yes! We’re off to a good start in 2025. Behavioral Health Business’ tracking of the industry has logged about 50 deal announcements — including M&A and investments — that are behavioral health-focused or industry-adjacent. Granted, some of these announcements are far […]