Industry News • September 25, 2019
SAN FRANCISCO & JAMISON, Pa.–(BUSINESS WIRE)–Golden Gate Capital, a leading private equity investment firm, today announced that it has acquired Invo Holdings, LLC (“Invo” or “the Company”), a leading provider of autism and childhood behavioral health services. Invo will continue to be led by Chief Executive Officer Anthony Manley and its current management team. The Jordan Company, which invested in Invo in 2017, and Invo’s management will retain minority ownership stakes in the business. Financial terms of the transaction were not disclosed.
“Our team is deeply committed to each child’s success and everything we do is driven by our mission to consistently provide optimal outcomes for our patients, their families and our partners in the communities we serve”
Invo provides an array of multi-disciplinary, research-based therapy services to infants, toddlers and school-aged children with various developmental delays, including autism, in homes, at schools and in community-based centers. Invo delivers best-in-class clinical quality services by its highly credentialed and trained workforce of more than 2,500 clinicians in 27 states, including Board Certified Behavior Analysts, Registered Behavioral Technicians, Speech-Language Pathologists, Occupational and Physical Therapists and other professionals.
“Our team is deeply committed to each child’s success and everything we do is driven by our mission to consistently provide optimal outcomes for our patients, their families and our partners in the communities we serve,” said Mr. Manley. “Over the past four years, we have invested to build the best platform to deliver differentiated value for our patients. As we looked for the right partner to further advance Invo’s capabilities, we sought an investor who shares our passion for this work, has a long-term orientation and brings deep experience helping businesses innovate to deliver the best value for their customers. We are confident that Golden Gate Capital is the right partner for Invo as we continue to drive growth and deliver the best outcomes for our patients and value for our partners.”
Neale Attenborough, an Operating Partner at Golden Gate Capital, said, “Invo has created a unique, proprietary platform that enables its clinicians to provide highly effective and efficient care pathways that lead to superior outcomes for children. We deeply admire Invo’s compassionate team of expert professionals, the critically important work that they do, and their impressive track record of changing the lives of children and their families. Golden Gate Capital is excited to partner with Invo’s management team and its growing and highly talented group of clinicians to support their mission.”
This article originally appeared in an article in BusinessWire.