Providence, Rhode Island-based private equity firm Nautic Partners has acquired Proud Moments ABA. Previously held by the PE firm Audax Private Equity, the Boston-based autism therapy provider traded effective Feb. 3, according to a news release. The terms of the deal were not announced. Proud Moments ABA grew significantly during its time as an Audax […]
Despite the sky-high interest rates, this could be the prime time for behavioral health acquisitions. The demand for services remains high and the elevated interest rates mean that valuations are coming back down to earth. While de novo growth strategies have dominated the behavioral health domain in 2023, some investors see this moment as an […]
Two long-time executives of Minneapolis-based outpatient behavioral health provider Nystrom & Associates Ltd. are no longer with the company. Brian and Peter Nystrom revealed their separations from the company on April 27 in social media posts. Brian Nystrom, former CEO and chief clinical officer, said he resigned from the company he founded 32 years ago […]
Outpatient mental health provider Nystrom & Associates named Mark Peterson its new CEO. He succeeds Mark Arnold as the top executive of the Minneapolis-based company. Arnold has been CEO since May 2020. The company employs over 1,000 providers and operates 50 locations in Minnesota, Iowa and Wisconsin. It will soon expand into North Dakota, according […]
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