Dealmaking in the behavioral health space has been slower in recent years. However, a handful of notable companies could be changing hands in the not-so-distant future. Based on data from the first quarter, it appears behavioral health dealmaking is stuck at lower volumes than pre-pandemic levels. As we prepare for new batches of M&A data […]
Vistria Group
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 […]
Chicago-based private equity firm Vistria Group is in the process of buying intellectual and developmental disabilities services and housing provider Beacon Specialized Living. Axios Pro reports that the Vistria Group values Kalamazoo, Michigan-based Beacon Specialized Living at about $300 million, a 10x multiple of Beacon’s $30 million in earnings before interest, depreciation and amortization (EBITDA). […]
Chicago-based private equity firm Madison Dearborn Partners LLC will acquire a 25% stake in Boston-based Sevita Health, according to a report from Axios Pro. If the deal goes through Madison Dearborn Partners will join New York City-based Centerbridge Partners LP and Chicago-based Vistria Group LP as investors. Sevita, formerly The Mentor Network, provides community-based and […]
Owners of Boston-based Sevita Health apparently want to sell a minority stake in the community-based and in-home care service company for people with intellectual and developmental disabilities (I/DD). PEHub.com reports that New York City-based Centerbridge Partners LP and Chicago-based Vistria Group LP are seeking to sell a stake in the company and value it at […]