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 […]
Category: M&A
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 […]
The substance use disorder (SUD) treatment industry was formerly dotted by small, local providers. In the future, these mom-and-pop providers may go the way of cottage businesses during the Industrial Revolution. To be clear, SUD treatment has not yet been completely limited to assembly lines. Small providers still abound. At the recent Behavioral Health Business […]
Acadia Healthcare (Nasdaq: ACHC) is executing its M&A strategy as it seeks to grow its geographic footprint. The largest behavioral health provider in the U.S. announced Tuesday that it acquired three opioid treatment programs (OTPs) in South Carolina, representing the company’s debut in the state’s opioid treatment landscape. “South Carolina is an underserved market with […]
Mental health provider Resilience Lab has expanded to offer medication management and treat severe mental illness by acquiring AI-enabled psychiatry provider Options MD. The acquisition will improve Resilience Lab’s ability to negotiate with payers and bring the provider closer to its “North Star” of providing fully integrative care. “We always wanted to extend our reach […]
It’s no secret private equity investment across the board has been sluggish, though that may soon change with 2025 shaping up to be a more bullish period for M&A. While interest in the behavioral health sector remains healthy, high interest rates and other factors had stalled dealmaking. As the overall macro-economic landscape improves, many private […]
Mental health provider Thriveworks has acquired AI-powered behavioral health company Synchronous Health. The acquisition enables Thriveworks to expand its technology base and operate enterprise relationships with large partners, the company’s top executive told Behavioral Health Business. “There were two boxes that we wanted to check,” Thriveworks CEO Dan Frogel told BHB. “[Synchronous] stands for access […]