Mental-health firm planning to add 200 jobs with merger

May 20th, 2019|

Burrell Behavioral Health plans to double the 200-person staff of Youth Bridge, a Fayetteville-based behavioral health group, within the next five years, the merged companies' chief executive said. "The behavioral health industry is being flooded with interest in receiving care," Chief Executive C.J. Davis said last week. Davis is not exaggerating, Sen. Bart Hester, R-Cave Springs, said Friday. Hester is chairman of the state Senate's Children and Youth Committee.

PRIVATE EQUITY [UPDATED] AccentCare to be Acquired by PE Giant Advent International

May 16th, 2019|

Global private equity firm Advent International has entered a definitive agreement to acquire AccentCare from its current PE-backer, Oak Hill Partners. Financial terms were not disclosed. The acquisition is one of six home health PE deals announced so far this year, with fewer industry deals happening at a slower pace than in years past. In 2017, there were 28 PE deals in the space, followed by another 58 in 2018, according to the latest proprietary data from M&A advisory firm Mertz Taggart.

Kadiant Partners with Central Valley Autism Project

May 15th, 2019|

OAKLAND, Calif.--(BUSINESS WIRE)--Kadiant, a mission-driven organization that provides high-quality Applied Behavior Analysis (ABA) therapy and related services to individuals diagnosed with autism spectrum disorder (ASD), announced today it has partnered with Central Valley Autism Project (CVAP), a pioneer provider of ABA services in both center and home-based settings. Kadiant’s partnership with CVAP marks the company’s third, following its investment in Kids Overcoming (KOI) and pending investment in Integrated Behavioral Solutions (IBS). Terms of the partnerships are not being disclosed.

AccentCare Expands into Florida

May 8th, 2019|

AccentCare, Inc., a leading post-acute care company, based in Dallas, Texas has purchased three healthcare businesses on the east coast of Florida, expanding its national footprint as well as its service lines.

Perimeter Healthcare Acquires Two Dallas-Fort Worth-Based Behavioral Hospitals

May 7th, 2019|

CHARLOTTE, N.C. & ATLANTA--(BUSINESS WIRE)--Perimeter Healthcare, a behavioral healthcare company backed by Ridgemont Equity Partners, today announced the acquisition of two 116-bed inpatient psychiatric hospitals located in the Dallas Fort-Worth metroplex. After having formerly operated in the market under a different name, the facilities will re-open in 2019 as Perimeter Behavioral Hospital of Arlington and Perimeter Behavioral Hospital of Dallas and continue to provide quality, personal inpatient care for children, adolescents, adults and seniors facing acute mental and behavioral health challenges.

Arsenal Capital Partners Announces Acquisition Of Hopebridge

May 6th, 2019|

NEW YORK, May 6, 2019 /PRNewswire/ -- Arsenal Capital Partners ("Arsenal"), a leading specialized private equity firm that invests in middle-market healthcare and specialty industrials companies, announced today the acquisition of Hopebridge, LLC ("Hopebridge"), a center-based provider of behavioral health services for children affected by autism spectrum disorder. The terms of the acquisition were not disclosed.

The Ensign Group Acquires Hospice Operations in Austin and Houston, Texas

May 2nd, 2019|

MISSION VIEJO, Calif., May 02, 2019 (GLOBE NEWSWIRE) -- The Ensign Group, Inc. (NASDAQ: ENSG), the parent company of the Ensign™ group of skilled nursing, rehabilitative care services, home health care, hospice care, medical transportation, and assisted living companies, announced today that a subsidiary of Cornerstone Healthcare, Inc., Ensign’s home health and hospice portfolio subsidiary, had acquired the assets of Resolutions Hospice, which operates hospice agencies in Austin and Houston, Texas. The acquisition was effective May 1, 2019.

Pinnacle Treatment Centers Acquires Addiction Medicine Care of Columbus, OH

May 2nd, 2019|

COLUMBUS, Ohio--(BUSINESS WIRE)--Pinnacle Treatment Centers (PTC), a leader in providing accessible treatment for substance use disorders, announced today it has acquired Addiction Medicine Care (AMC) of Columbus, an office-based opioid treatment program (OBOT) located at 6434 E. Main Street, Reynoldsburg, Ohio. AMC of Columbus is Pinnacle’s 18th OBOT in Ohio.

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