Charlesbank Capital Partners reportedly won out in an auction for the Austin-based Applied Behavior Analysis (ABA) therapy provider Action Behavior Centers LLC. Axios Pro reports that the Boston-based middle-market private equity firm reached a deal with Action Behavior Centers’ previous owner NexPhase Capital LP three weeks ago. Action Behavior Centers has an $840 million valuation […]
NexPhase Capital
New York City-based private equity firm NexPhase Capital LP could be looking to sell its stake in the autism services Action Behavior Centers. Axios Pro reports that NexPhase Capital is mulling a sale of the Austin, Texas-based Action Behavior Centers. NexPhase announced its investment in the Applied Behavioral Analysis and autism services provider in October […]
An estimated 1 and 44 children nationwide have autism spectrum disorder (ASD), with diagnoses having climbed by 10% since 2014. The need for therapy — along with infusions of private equity capital — has facilitated the growth of a $2.1 billion domestic autism care market, in which a number of providers have scaled up their […]
Acadia breaks ground on JV behavioral health facility with Geisinger Ground has been broken on a 96-bed, 73,000-square-foot inpatient behavioral health facility in Moosic, Pennsylvania that will be operated as a joint venture (JV) between Acadia Healthcare (Nasdaq: ACHC) and Geisinger Health System. Geisinger Behavioral Health Center Northeast will treat adult, pediatric and adolescent patients […]
Talkiatry appoints new chief growth officer Virtual psychiatric care provider Talkiatry has added to its executive ranks with the hire of Alex Kozersky as chief growth officer (CGO). As Talkiatry’s CGO, Kozersky will help the company expand its insurance partnerships in connection with a national roll out. Most recently, he was the chief sales officer […]
Caron Treatment Centers CEO-elect assumes role Brad Sorte has officially taken over the reins of Caron Treatment Centers, assuming the positions of president and CEO after being named to the roles last December. He assumed duties from retired president and CEO Brad Tieman, who was with Wernersville, Pennsylvania-based Caron for more than 25 years. Tieman […]