Non-Publicized Deals Boost Q4 Behavioral Health M&A Stats

The behavioral health industry may have seen more transactions in the fourth quarter of 2019 than previously believed, according to new data from M&A advisory firm Mertz Taggart. Data recently released by Irving Levin Associates suggested that the market saw a slow down in M&A activity in Q4. However, Mertz Taggart’s analysis found that behavioral […]

Transactions & Financings: Stepping Stones’ Autism Play; Summit BHC’s New Territory

PE-backed Stepping Stones Group builds out autism offerings The Stepping Stones Group — a portfolio company of Five Arrows Capital Partners, the North American corporate PE arm of Rothschild & Co. Merchant Banking — has acquired STAR of CA to build out its autism offerings. Financial terms of the deal were not released. Lafayette, Colorado-based […]

What PE Investors Want from Autism Treatment Providers

With private equity’s interest in autism expected to accelerate in 2020, providers in the space are poised to have a potentially lucrative year.  The autism market, though one of the smallest sub sectors in behavioral health at an estimated $7 billion, currently commands some of the industry’s highest valuations. “In autism, [multiples are] upwards of […]

Behavioral Health M&A Down 21% in Q4 2019

There was a steep slowdown in mergers and acquisitions during the fourth quarter of 2019, according to new data from Irving Levin Associates. During the quarter there were 15 publicly announced transactions, down 21% from the 19 transactions in Q3 2019 and down 46% from a year earlier. “This sector has seen years of growth […]

Private Equity Hungry for Autism Providers, Consolidation Will Accelerate

Private equity’s interest in autism has boomed in recent years, and in 2020, providers can expect to see more of the same. Armed with record levels of capital, private equity firms such as Blackstone Group, Inc. and Carlyle Group LP have amassed almost $1.5 trillion in unspent capital, the highest year-end total on record, according […]

Transactions: The Columbus Organization’s Florida Foothold; Discovery Behavioral Health’s Rapid Acquisitions

The Columbus Organization Acquires Progressive Journey Group The Columbus Organization, an Indianapolis-based provider of services to individuals with intellectual and developmental disabilities (IDD), has announced its acquisition of Orlando, Florida-based Progressive Journey Group. Financial terms of the deal were not disclosed. The Columbus Organization has more than 30 years of experience serving people with IDD […]

UHS Ramps Up Behavioral Health JV Activity But Struggles with Workforce Shortages

Despite being one of the largest behavioral health providers in the country, Universal Health Services (NYSE: UHS) isn’t immune to industry pain points such as workforce shortages and regulatory pressures. But even with those struggles, UHS continues to grow its behavioral health footprint and market hold. The King of Prussia, Pennsylvania-based company has done that […]

Speech Pathology Group Announces Buyout of Comprehensive Autism Center

Add Comprehensive Autism Centers (CAC) to the list of investments in Ridgemont Equity Partners’ portfolio. Walnut Creek, California-based speech therapy provider Speech Pathology Group (SPG) has reached a deal to acquire CAC, a Southern California-based autism services provider of applied behavioral analysis (ABA) therapies. Ridgemont — a Charlotte, North Carolina-based middle market private equity firm […]

InSight Telepsychiatry Merges with Regroup Telehealth

InSight Telepsychiatry and Regroup Telehealth have merged to form the “largest and most comprehensive telepsychiatry service provider” in the country, according to a press release announcing the news. Financial terms of the deal were not disclosed. Mount Laurel, New Jersey,-based InSight is a telepsychiatry company with more than twenty years of experience. It provides on-demand, […]