Want to read more content like this? Subscribe to Autism Business News today! Addison, Texas-based Behavioral Innovations has a new private equity backer: Tenex Capital Management. The New York City-based firm acquired the company for about $300 million, commanding a valuation in the high teens, according to a report by Mergermarkets. Autism Business News has […]
Shore Capital Partners
The Center for Autism and Related Disorders’ (CARD) bankruptcy was bad news for investors placing big bets in the autism therapy space. But there are upsides for the company. CARD’s new owners, Doreen Granpeeseh and Sangam Pant get a clean slate at the scaled autism therapy company. And it’s a company with which they are […]
When it comes to behavioral health dealmaking, buyers and sellers can sometimes be ships passing in the night. There’s plenty of interest in getting a deal done early on, but it quickly fizzles out, with both parties going their separate ways. Especially in 2022, buyers and sellers were frequently not on the same page in […]
Private equity investment in behavioral health tapered off in 2022, ending a streak of annual increases in total deal count. The total private equity deal count in behavioral health dropped to 73, a bit of a flop compared to the 104 private equity deals noted in 2021. The 30% drop in total deal volume ties […]
The need for behavioral health services is at an all-time high – and private equity investors have taken note. In the first three quarters of 2022, private equity deals made up more than 60% of behavioral health transactions, according to data from The Braff Group. Many investors see the fragmented behavioral health industry as a […]
Autism rates in the U.S. have increased substantially over the last decade. This has put pressures on autism service providers, which have struggled to find a workforce big enough to meet the demands. In response, autism service operators are employing new technology and training programs to help retain, recruit and optimize staff. At the same […]
Addiction treatment provider BrightView Health has acquired Boston-based Column Health. The deal closed on Aug. 8, BrightView Health Chief Development Officer Dylan Jackson told BHB in an interview. This deal marks Cincinnati-based BrightView Health’s second acquisition in 2022. It also gives BrightView a presence in its second and third new state markets this year. Column […]
Addiction treatment provider BrightView Health is deepening its footprint in Virginia with the acquisition of Virginia Beach-based Right Path Addiction Treatment Centers. Right Path operates five clinics in eastern Virginia, which are located in Richmond, Chesapeake, Newport News, Suffolk and its homebase of Virginia Beach. The provider offers medication-assisted treatment (MAT) drugs such as buprenorphine […]
The addiction treatment market — estimated to be worth $42 billion — has grown alongside the nationwide rise in substance use disorders (SUDs). A number of multi-state providers have consequently emerged in the treatment field, among them being BrightView Health, whose homebase is in a region significantly wracked by SUDs. Headquartered in Cincinnati, BrightView operates […]
BrightView buys Aspire BrightView Health has struck a deal to acquire Aspire, a substance use disorder (SUD) treatment provider in Chesapeake, Virginia. Financial terms of the transaction were not made public. Headquartered in Cincinnati, BrightView operates 39 SUD treatment clinics across Virginia, Ohio, Kentucky and Delaware. The comprehensive addiction treatment provider accepts Medicaid, Medicare and […]