Pipeline: Spero Health Opens Clinics in Two States; New Eating Disorder Treatment Offerings from Monte Nido, Alsana

Spero Health expands footprint with three new clinics Substance use disorder (SUD) treatment provider Spero Health has opened the doors to three new facilities in the South. Two of those clinics are located in central Kentucky in the towns of Clarkson and Lebanon, both of which accept Kentucky Medicaid and a number of commercial insurance […]

Behavioral Health M&A Dips in Q3, But On Track for Record in 2021

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 […]

Monte Nido & Affiliates Finalizes Purchase of Walden Behavioral Care

Eating disorder treatment provider Monte Nido & Affiliates has completed its acquisition of Walden Behavioral Care, more than a month after purchase was originally announced. The completion of the deal was announced Friday, with terms of the transaction not made available. Founded in 2003, Waltham, Massachusetts-based Walden operates 12 programs across Massachusetts, Connecticut and Georgia […]

Transactions: Monte Nido Expands Portfolio With Walden Deal; Caravel, Advanced Recovery Systems Secure Credit Facilities

Monte Nido purchases treatment provider Eating disorder treatment provider Monte Nido & Affiliates has announced that it has purchased Waltham, Massachusetts-based Walden Behavioral Care. Financial terms of the deal were not disclosed. Founded in 2003, Walden provides eating disorder treatment and psychiatric care for children, teens and adults at facilities in Massachusetts, Connecticut and Georgia. […]

Pipeline: SaVida’s Continued Expansion; New Behavioral Hospital

SaVida Health adds second Maine center SaVida Health has opened its second medication-assisted treatment (MAT) center in Maine. The new location is set to open in Brewer on Nov. 5. Overall, SaVida operates more than 20 outpatient MAT centers across Vermont, Massachusetts, Maine, Virginia and Delaware. The PE firm Council Capital made a control investment […]