Autism therapy provider Acorn Health has announced Richard Hallworth as the Coral Gables, Florida-based company’s new president and CEO. He succeeds founding CEO Vicki Kroviak and takes over the role after Janet Widmann stepped in on an interim basis on Dec. 8. Kroviak stepped down from the CEO position. Acorn Health’s chief operating officer resigned […]
Ontario Teachers’ Pension Plan Board
Grant Avenue Capital, LLC, a health care-focused private equity and venture capital firm, has made an investment in the pediatric care market through its portfolio company, H2 Health. H2 Health has purchased Great Strides Rehabilitation, Inc, a Jacksonville, Florida-based provider of youth behavioral health services. Terms of the deal were not disclosed. Serving children and […]
Stepping Stones Group, which is a multi-state provider of services to children with autism and other behavioral needs, is reportedly up for sale. PE Hub reported Thursday that the organization’s parent company, Five Arrows Capital Partners, has recently initiated a competitive sale process for the provider that is aimed exclusively at private equity buyers. Investment […]
Mergers and acquisitions (M&A) among behavioral health providers dipped a bit in the third quarter (Q3), but the sector is still poised to close out 2021 on a high note. Across the behavioral health care spectrum, 25 transactions occurred in Q3 2021, according to a report released by M&A advisory firm Mertz Taggart. The number […]
The Ontario Teachers’ Pension Plan Board has acquired Acorn Health — a provider of applied behavior therapy (ABA) for children with autism spectrum disorder. The board is an institutional fund manager that serves working and retired teachers in the Canadian province of Ontario. Ontario Teachers’ has purchased Acorn Health from MBF Healthcare Partners, a middle […]
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