Home- and community-based care giant BrightSpring Health Services — formerly known as ResCare — plans to merge with pharmacy company PharMerica. The two companies will be under the private equity ownership of KKR, with an affiliate of Walgreens Boots Alliance (Nasdaq: WBA) holding a minority stake, according to an announcement issued Tuesday.
LHC Group and LifePoint Health expand partnership with two acquisitions in North Carolina and Virginia
LAFAYETTE, La., Dec. 10, 2018 (GLOBE NEWSWIRE) -- LHC Group (NASDAQ: LHCG) and LifePoint Health® today announced the continued expansion of their partnership. The companies have finalized two transactions to purchase and share ownership of home health service providers in Hickory, N.C., and Danville, Va.
Centria Autism Expands its National Footprint in New England to Meet Rising Demand for Autism Therapy
The rising prevalence of autism, along with expanded coverage of Applied Behavior Analysis (ABA) therapy in more states and insurance plans, is leading more people to seek treatment options. To meet the growing demand for autism services, Centria Autism, the nation’s leading provider of ABA therapy for children with autism, announced an acquisition that will allow it to expand its services in New England.
DALLAS and NASHVILLE, Tenn., Nov. 28, 2018 /PRNewswire/ -- Pharos Capital Group, LLC ("Pharos"), through its Family Treatment Network platform ("FTN"), has acquired ABA of North Texas ("ABANT"), an outpatient autism services provider based in Plano, TX, the firm announced today. Terms of the transaction were not disclosed.
DENVER--(BUSINESS WIRE)--Crossroads Holding, LLC (“Crossroads”), a portfolio company of Revelstoke Capital Partners (“Revelstoke”), a Denver-based private equity firm, has completed its acquisition of EHC Medical Offices (“EHC”). Revelstoke is pleased to announce that this transaction marks Revelstoke’s 50th acquisition since its founding in 2013. These transactions represent 13 platform companies and 37 add-on acquisitions, totaling over $4 billion of enterprise value.
BayMark Health Services expands its services into Utah with the acquisition of Metamorphosis, Opioid Treatment Programs in Salt Lake City and Ogden.
Catapult Learning, the nation’s largest provider of special education and instructional intervention solutions, today announced it acquired Capital Education Group (CEG), a leading provider of behavioral health services and private school programs for children with autism and other specialized learning needs. The CEG acquisition enables Catapult to accelerate the company’s mission of integrating educational and Applied Behavior Analysis (ABA) services, with a goal of improving outcomes for children diagnosed with autism spectrum disorders.
Private equity firm WindRose Health Investors completes Traditions Behavioral Health recapitalization
Private equity firm WindRose Health Investors announced this week that a recapitalization of Traditions Behavioral Health has been completed with funds managed by WindRose. Traditions founder and CEO Gary A. Hayes, PhD, will remain in his current leadership role.
Looking to diversify its portfolio of addiction treatment modalities, BayMark Health Services this week announced that it has acquired St. Louis-based SpecialCare Hospital Management.
CULLMAN, Ala., Nov. 6, 2018 /PRNewswire/ -- Behavioral Health Group (BHG) is continuing its commitment of providing high quality treatment for opioid addiction in the state of Alabama with the addition of the BHG Cullman Treatment Center. BHG now operates five addiction treatment centers in Alabama and is one of the leading treatment providers in the state. "We are grateful for the opportunity to increase our role in providing high quality care for opioid-use disorder to the community of Cullman and across the entire state of Alabama," said Dwight Mussleman, Chief Development Officer of BHG.