Crossroads Treatment Centers has acquired Family Health Services, a Pennsylvania-based outpatient addiction treatment provider, expanding its operational footprint across the state. The exact terms of the deal were not disclosed. Crossroads operates substance use disorder (SUD) treatment facilities in nine states. With this acquisition, the SUD provider will operate upwards of 50 centers in counties […]
Category: M&A
Centerstone and Brightli, two of the largest behavioral health and addiction treatment nonprofits in the U.S., will merge into a single organization in November. The deal is expected to create an organization with a combined annual revenue of $1 billion. Once complete, Springfield, Missouri-based Brightli and Nashville, Tennessee-based Centerstone will scale operations to nine states […]
Lyra Health, a national provider of mental health benefits for employers, has acquired Bend Health with the goal of strengthening its pediatric and neurodiversity capabilities. Lyra’s acquisition of Madison, Wisconsin-based Bend Health was completed July 16. Exact terms of the deal were not disclosed in the press release. The move enables Lyra to utilize Bend […]
NexPhase Capital has acquired behavioral health enablement platform Empower Community Care. The transaction is yet another example of private equity’s interest in the behavioral health space, including in the provider-adjacent space. As the behavioral health industry has grown, consolidated and become more sophisticated, the demand for proven partner solutions with scale has likewise increased. Terms […]
This is an exclusive BHB+ story Behavioral health mergers and acquisitions are seeing a healthy start to 2025, largely led by deals in the autism sector. Amid steady 2025 dealmaking, some experts say M&A has been relatively quieter than usual, while others say the perceived “quietness” is misconstrued with smaller transaction norms. “There’s plenty of […]
This is an exclusive BHB+ story Investors started 2025 optimistic about the future of dealmaking in behavioral health. As a substantial cohort of portfolio companies approached the end of their typical private equity hold periods, investors anticipated a wave of high-quality assets becoming available for acquisition. Additionally, many investors looked to the Trump presidency as […]
Orchard Mental Health Group announced on Tuesday that it has acquired Maryland Counseling Associates, adding four new locations to its footprint and 31 clinicians to its clinical workforce. This marks the third acquisition by Orchard Mental Health Group in 2025. In February, it acquired GBCC Behavioral Health and Oasis Behavioral Health Urgent Care. Cumulatively, Orchard […]
Bradford Health Services has acquired three facilities and supporting assets to bolster its foothold in Texas. The addiction treatment provider announced Wednesday that it had acquired Last Resort Recovery Center, Crestone Wellness, and The Chapter House from a trust controlled by Bill and Ann Schneider, long-time investors and operators in the addiction treatment space. Cumulatively, […]
Heading into 2025, many M&A experts expected behavioral health transaction activity to rebound. Recently released data further supports the notion that this prediction is playing out in reality. Specifically, behavioral health dealmaking was up 35% in the first quarter of 2025, according to analysis by PricewaterhouseCoopers (Pwc). What’s more, PwC expects the M&A pace to […]
Ohio behavioral health nonprofits Butler Behavioral Health and Best Point Education and Behavioral Health have merged. Following the deal, Butler will be a wholly owned subsidiary of Cincinnati-based Best Point Education and Behavioral Health. The merger came to fruition after Best Point evaluated five other potential partnerships over the last 18 months, but ultimately found […]
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