Company Coverage

Assured Healthcare Partners

M&A

Behavioral Health M&A Hits Record Level in 2021, Demand Remains “Sky-High”

By Kyle Coward |

Behavioral health business activity was on fire for another year in 2021, helped largely by a high demand for services among the public that shows no signs of abating any time soon. Transactions for behavioral health providers kicked off the year strong, with 35 deals registered in the first quarter (Q1) of 2021, according to […]

Finance

Promises Behavioral Health Eager to Resume Expansion Following Recap

By Chris Larson |
coins in calipers illustrate UHS downgrading its annual financial guidance for 2022

Brentwood, Tennessee-based Promises Behavioral Health recapitalized its balance sheet to set the company up for additional growth. On Tuesday, the company announced it completed a full recapitalization with New York City-based Assured Healthcare Partners LLC, a health care-focused investment management firm. Assured Healthcare Partners, the controlling shareholder of Promises Behavioral Health, converted the debt it […]