Amwell CEO Hints at Acquisition of Behavioral Health Startup

Amwell (NYSE: AMWL), one of the nation’s largest telehealth companies, could be in the market to acquire a behavioral health startup, according to Business Insider.  Based in Boston, Amwell connects patients with doctors via secure video connection. The company, formerly known as American Well, has thrived amid the pandemic, which has made virtual visits a […]

M&A Stakeholders Say These Factors Are Non-Starters for Buyers Eying SUD Providers

M&A experts predict 2021 will be filled with behavioral health deals, as investors and strategic buyers have fewer viable targets to chase in other industries.  But not every provider is created equal, especially in the substance use disorder (SUD) space. To be an attractive acquisition target, providers must prioritize clinical care, utilize robust internal compliance […]

Talkspace Sees Increased Interest from Potential Buyers Amid Sale Rumors

Talkspace, a digital therapy startup with a bevy of celebrity supporters, could soon be changing hands.  Bloomberg first reported the news Tuesday, citing “people with knowledge of the matter.” Those sources told the publication that the text-based therapy platform is working with advisers on a potential sale. Headquartered in New York City, Talkspace is a […]

Transactions: Behavioral Health Group’s Latest Acquisition; New Behavioral Tech Deal

Behavioral Health Group acquires Wellness Ambulatory Care  Behavioral Health Group (BHG), a national opioid use disorder (OUD) treatment provider, has acquired Wellness Ambulatory Care, an office-based opioid treatment provider (OTP). Financial terms of the deal were not disclosed. Based in Dallas, BHG bills itself as the largest network of Joint Commission-accredited outpatient opioid treatment and […]

Hazelden Betty Ford Pursues Creative Growth Avenues, ‘Entrepreneurial Philanthropy’

As the Hazelden Betty Ford Foundation continues on its quest to expand access to substance use disorder (SUD) treatment, the nonprofit is leaning into relatively new growth strategies and fundraising tactics. Specifically, it’s looking to pursue strategic deals and partnerships, while also taking a page out of private equity’s book by applying the PE model […]

Transactions: Blue Sprig’s Latest Autism Deal; Monte Nido Adds Arizona Eating Disorder Center

Blue Sprig Pediatrics acquires assets of Momentum Autism Therapy Services Blue Sprig Pediatrics, a private equity-backed provider of applied behavioral analysis (ABA), has acquired the assets of Momentum Autism Therapy Services. Financial terms of the deal were not disclosed. Headquartered in Houston and established in 2017, Blue Sprig is a portfolio company of global investment […]

Transactions: SPG Expands Footprint with Autism Deals; Behavioral Health Group Enters Rhode Island

PE-Backed SPG Acquires Two Autism Services Companies  SPG — a portfolio company of Ridgemont Equity Partners and a provider of behavioral health and therapeutic services to children with autism and other disabilities — has added two new autism services companies.  Those include Southern California-based Go2Consult, a speech and language services provider for school districts, and […]

Acadia Prepares to Relaunch Sale of UK Business

Acadia Healthcare (Nasdaq: ACHC) is preparing to relaunch the sale of its United Kingdom business, the company announced Tuesday.  Franklin, Tennessee-based Acadia is a behavioral health provider that operates nearly 600 facilities across the US, the UK and Puerto Rico. The company first announced it would sell its UK business, which includes about 360 facilities, […]