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, […]

Gersh Autism Enters Acquisition Mode to Save Struggling Autism Schools

The Crotched Mountain Foundation announced the news back in June: After 67 years, it would be closing its school for children and young adults with autism and other disabilities. Crotched Mountain CEO Ned Olney attributed the “excruciating decision” to the financial pressures of COVID-19, which caused enrollment at the Crotched Mountain School to drop off […]

Transactions: Cultivate Behavioral Health’s ABA Acquisition; Drug Monitoring Deal

Cultivate Behavioral Health and Education acquires Progressive Behavioral Science Cultivate Behavioral Health and Education, a portfolio company of the private equity firm Imperial Capital, has acquired Progressive Behavioral Science, according to a press release from Livingstone, who advised Progressive on the transaction. Financial terms were not released. Both Cultivate and Progressive provide applied behavioral analysis […]