This is an exclusive BHB+ story Private investment in behavioral health has spawned enough scandals and failures to spark widespread skepticism. This growing distrust now significantly influences behavioral health transactions, making strategies to counteract investor bias essential during the sale process. “I think anti-private equity bias definitely exists,” Tommy Spiegel, vice president at investment bank […]
ARC Health
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 […]
ARC Health closed out 2023 with an outpatient mental health acquisition, marking a two-year-long M&A blitz. On Dec. 29, the Independence, Ohio-based company acquired Exult Healthcare for an undisclosed amount. Exult operates several types of care at its two locations north of Dallas-Fort Worth, Texas. These include on-site medical treatment, medication-assisted treatment (MAT), transcranial magnetic […]
Thurston Group-backed behavioral health provider ARC Health has acquired Manhattan Psychology Group. Based in New York, Manhattan Psychology Group offers mental health care for children and adults. Its services include group programs for kids and parents, school support, and applied behavioral analysis (ABA), neuropsych testing, and autism evaluations. Founded in 2011 by psychologists Josh Rosenthal […]
Three addiction treatment companies merge to form BlueCrest Health Group BlueCrest Recovery Center, QuickSilver Counseling Center, and Assess With Guidance have merged to form BlueCrest Health Group to support the operations of these New Jersey-based outpatient addiction treatment facilities. Collectively, BlueCrest Health Group offers partial hospitalization programs (PHP), intensive outpatient programs (IOP) and outpatient therapy. […]
Thurston Group-backed behavioral health provider ARC Health has acquired Dayspring Behavioral Health. This new purchase is part of ARC Health’s larger, ambitious M&A strategy. Since the company’s inception in 2021, it has closed more than a dozen acquisitions. Dayspring Behavioral Health brings four locations in the Seattle Metro area to the table. The practice, which […]
It’s no secret staff turnover is expensive for behavioral health providers. And finding new clinicians is no easy task. Many providers are using innovative solutions to combat these issues, including training and licensing initiatives, flexible work hours, and promoting from within. The stakes are high for behavioral health providers to retain good employees. The cost […]
With macroeconomic headwinds leading to declining valuations and less M&A activity, the mental health space is at a crossroads. The notoriously fragmented industry is still prime for maturation, but many companies are facing growing pains. Several companies that came onto the public market during the 2021 boom year are struggling to keep up with investor […]
ARC Health continues its blistering dealmaking spree with the acquisitions of Los Angeles-based Silver Lake Psychology and Denver Wellness Associates. The two deals mark the fifth and sixth acquisitions of the private-equity-backed mental health platform company in 2023 alone. Silver Lake Psychology is the largest firm acquired so far and indicates a focus on larger […]
Beachwood, Ohio-based ARC Health announced Monday its acquisition of Positive Change Counseling Center, marking its first practice in California. The deal is the company’s fourth announced in 2023. ARC Health is a fast-growing outpatient mental health platform company backed by Chicago-based private equity firm the Thurston Group. Terms of the deal were not disclosed. “Practice […]