Mental Health Rollups Set New Record in Q1 2022

Merger and acquisition activity in the mental health space hit a sequential all-time high in the first quarter of the year. At least 26 mental health deals closed in the first three months of 2022, nearly doubling the previous record high of 16 set in the fourth quarter of 2021, according to data from the […]

LifeStance Makes IPO Debut, Reaches Valuation of Nearly $7.9B

LifeStance Health Group (Nasdaq: LFST), which less than a month ago announced its intention to go public, officially opened for trading Thursday, closing its first day at $21.90 per share. The debut of the Scottsdale, Arizona-based outpatient mental health provider on the Nasdaq was positive, as its stock price rose from its initial public offering […]

Inside Vertava Health’s Evolution From a Luxury Rehab into a PE-Backed Behavioral Health System

Outpatient mental health is currently one of the fastest growing subsectors in behavioral health — just ask private equity buyers, who are expected to fuel record levels of M&A this year.  Like so many other companies in the industry, Vertava Health is leaning into outpatient. The private equity-backed behavioral health company with roots in substance […]

Movers & Shakers: LifeStance Fills New C-Suite Role; Ashley Addiction Treatment Hires VP of Engagement

LifeStance Health creates, fills new C-Suite position LifeStance Health, a private equity-backed outpatient behavioral health provider, has named Felicia Gorcyca as its first chief people officer. Gorcyca comes to LifeStance Health from TPG Capital — a Dallas-based private equity company that backs LifeStance alongside Summit Partners and Silversmith Capital Partners — where she was an […]