Autism therapy provider Proven Behavior Solutions has acquired Prism Autism Education & Consultation, expanding its footprint into a second state. The acquisition brings Proven’s total facility count to seven. “We are excited to welcome Prism into the Proven family,” Scott Snider, Proven CEO, said in a statement. “This partnership strengthens our ability to offer even […]
Stakeholders in the behavioral health industry can expect dealmaking to accelerate into and throughout 2025. Behavioral health deals in 2024 – while decreased in quantity – already represented a significant increase in value over the previous year, according to a new PwC Health Research Institute report. The substantial sum of available corporate and private equity […]
A behavioral health enterprise with $425 million in revenue is on the market and potentially at a discount to typical market rates. Wellpath, one of the nation’s largest providers of prison-based and outsourced behavioral health care, is seeking the sale of its behavioral health division, according to bankruptcy documents. The Nashville, Tennessee-based provider hopes its […]
M&A in the substance use disorder (SUD) treatment space has been slow over the last few years. However, that could change as a new “business-friendly” presidential administration takes over and interest rates soften. And some industry insiders speculate that digital could be the place to look for M&A activity in 2025. “I imagine we will […]
As the behavioral health industry matures, a few trends have emerged: more serial entrepreneurs, an uptick in non-traditional investors, and valuations finally settling in. Investors have poured $10.6 billion into expansion-stage mental health and wellness (MHW) companies since 2020, according to a new report from Deloitte. While deal sizes and volumes have declined since their […]
Kelly (Nasdaq: KELYA, KELYB), a workforce solutions provider, acquired childhood therapeutics company Children’s Therapy Center (CTC). The acquisition expands Kelly’s clinical services in what the company called a “high-margin, high-demand” sector. “The demand for services has been going on for years, actually, and certainly well before the pandemic, when you think about the increase of […]
Autism therapy provider Helping Hands Family has acquired fellow services provider Mission Autism Clinics. King Of Prussia, Pennsylvania-based Helping Hands Family’s takeover of Mission Autism Clinics adds 13 centers to its existing presence in Maryland and Pennsylvania. Helping Hands Family also operates centers in Connecticut, New Jersey and New York. “Merging with Mission Autism Clinics […]
James Bailey, a veteran behavioral health executive, saw his son enter a mental health facility in 2023. A little more than a year later, Bailey acquired the company that helped his son recover. On Thursday, Bailey’s company, Paramount Health Management, announced its acquisition of St. George, Utah-based Life Launch Centers and its four facilities in […]
The number of joint venture partnerships between hospitals and behavioral health care providers will continue to climb, despite the lumbering process of finalizing such a pairing. “I do think there’s been some challenges in the last year or two that have maybe slowed deals down a shade,” William Teague, managing director of VMG Health, said […]
Finding a buyer for your behavioral health company is similar to marriage, except there’s more commitment. “It’s not like marriage, because in marriage, you can get divorced, and in this, I think, it might be a little messy,” said Sam Himelstein, the co-founder and CEO of Family Spring, a mental health treatment company based in […]
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