Industry News • December 20, 2019
BOSTON and LOS ANGELES, Dec. 20, 2019 /PRNewswire/ — Comprehensive Autism Center (CAC), an autism services provider offering in-home and center-based ABA therapies, has been acquired by the Speech Pathology Group (SPG), a portfolio company of Ridgemont Equity Partners. CAC provides clinically proven, community-oriented, and outcome-tracking treatments to pre- and early school aged clients throughout Southern California. Provident Healthcare Partners (“Provident”) served as exclusive financial advisor to Comprehensive Autism Center. The terms of the transaction were not disclosed.
“When we approached Provident about finding a partner for CAC in the next phase of evolution for autism treatment, they were incredibly strategic and detail focused. From the inception of the process to the very end they were extremely well prepared and made the process seamless. Ultimately, they assisted CAC and all our families in taking a step toward receiving the highest quality autism treatment,” stated Comprehensive Autism Center’s owners Andrea and Chris Macken. “Looking back, we feel very grateful to have Provident and their incredible team of specialists represent CAC.”
Robert Aprill, Senior Associate at Provident, said “this transaction will give the Mackens and the entire CAC team the resources to take their industry leading approach to ABA therapy and impact far more families in Southern California and beyond.” He added, “Andrea and the clinical team at CAC have worked to create a gold standard of care in the industry, and with Ridgemont’s help, will look to shape the future of the industry in an incredibly positive way.”
This article originally appeared in an article in PRNewswire.