FullBloom, an academic, behavioral and mental health provider for schools, acquired school-based mental health provider CharacterStrong. The deal, announced on Wednesday, supports FullBloom’s increasing focus on mental health, according to the company. “Mental health has emerged as one of the most pressing challenges facing our schools and communities,” Jeffrey Cohen, CEO of FullBloom, said in […]
Nonprofit behavioral health provider Devereux Advanced Behavioral Health has acquired Strawberry Fields, a nonprofit provider of mental health, autism and intellectual disability care. Strawberry Fields will continue to operate as an independent legal entity but will have access to the larger organization’s systems and clinical model as an affiliate of Devereux. The acquisition will enable […]
Artificial intelligence-powered XRHealth has acquired behavioral health digital therapeutics (DTx) company RealizedCare. The deal marks the third acquisition for XRHealth in as many years. Behavioral health DTx companies have faced considerable challenges in recent years, including Pear Therapeutics’ notable bankruptcy. Despite the historic turmoil, XRHealth is looking to the RealizedCare deal to add chronic pain […]
Fullerton, California-based Autism Spectrum Interventions has acquired Quality Behavior Solutions and now operates as Alongside ABA. Alongside ABA provides applied behavior analysis (ABA) and early intensive behavior intervention (EIBI) in schools, homes, clinics and other community settings; functional behavior assessment; parent consultations; and social skills groups in Southern California. Before the deal, each organization operated […]
Gen Z health platform Caraway Health has sold to pediatric behavioral health startup Summer Health. The deal will give Summer Health a new foothold in adolescence and early adult health. Caraway Health was founded in 2022 and is focused on caring for Gen Z women’s health. It offers a wide array of mental health services, […]
Providence, Rhode Island-based private equity firm Nautic Partners has acquired Proud Moments ABA. Previously held by the PE firm Audax Private Equity, the Boston-based autism therapy provider traded effective Feb. 3, according to a news release. The terms of the deal were not announced. Proud Moments ABA grew significantly during its time as an Audax […]
After years of stagnation, behavioral health providers are actively seeking growth opportunities and finally warming up to more M&A. The uptick in deal flow is evident in even the first month of the year. Behavioral health platform company Oceans Healthcare announced the purchase of Haven Behavioral Healthcare in early January, and Iris Telehealth closed a […]
Three behavioral health organizations that serve people with intellectual and developmental disabilities have agreed to merge. The Maine-based nonprofits — GMS, Uplift and Independence Advocates of Maine (IAM) — announced Feb. 3 that they would merge. The nonprofits cited workforce shortages, rising operational costs, shrinking reimbursement rates and increasing competition as drivers of the deal. […]
Orchard Mental Health Group has quadrupled its footprint by acquiring two companies. Formerly known as Quince Orchard Psychotherapy, Orchard Mental Health Group now operates eight locations after adding GBCC Behavioral Health and Oasis Behavioral Health Urgent Care to its footprint. These two entities collectively operate six locations with over 80 clinicians. As part of the […]
Two clinician-entrepreneurs have merged their several behavioral health organizations to create Well Behavioral Health, a company zeroed in on a holistic care model. Well Behavioral Health is the result of the fusion of Eating Disorder Recovery Specialists, Mental Health Recovery Specialists, Sanctuary Psychology P.C. and Well Williamsburg. These entities were collectively founded by Sarah Chipps, […]
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