Deals

Broadstep Behavioral Health Adds Excalibur Youth Services to Portfolio
Broadstep Behavioral Health has acquired Excalibur Youth Services, a provider of residential treatment services for I/DD and severely mentally ill patients with six facilities in South Carolina.
Pear Therapeutics, Groups Recover Together Announce Partnership
Prescription digital therapeutics firm Pear Therapeutics and Groups Recover Together, an outpatient opioid use disorder treatment provider with operations in eight states, have announced a deal to deliver their respective services together in Indiana.
Mind Cure to Acquire Ownership Interest in Psychedelic-Assisted Therapy Treatment Center
Following the announcement of new executives and plans for a translational research program on the use of psychedelics in the treatment of physical and psychological pain, Mind Cure is acquiring an ownership interest in psychedelic-assisted therapy provider ATMA Journey Centers.
COMPASS Pathways, Sheppard Pratt Collaborate on Research Facility
COMPASS Pathways and the Sheppard Pratt Institute for Advanced Diagnostics and Therapeutics announced that the two organizations are collaborating on a “Centre of Excellence” that will serve as a research facility and innovation lab for the development of mental healthcare therapy models, a training and certification ground for therapists, and hub for conducting clinical trials.
Summit BHC Enters New Jersey with Deal to Acquire Seabrook
Summit BHC announced that it recently acquired addiction treatment provider Seabrook, marking Summit BHC’s entry into the state of New Jersey.
BayMark Acquires First U.S. Residential Program
BayMark Health Services announced that it has acquired Liberty Bay Recovery Center, a residential treatment facility in Portland, Maine, the company’s first residential program in the United States.
BrightView Acquires Rebound Recovery Centers
BrightView, an Ohio outpatient addiction treatment provider, has acquired Rebound Recovery Centers in Kentucky.
BayMark Acquires OTP in Los Angeles Area
Narcotic Addiction Treatment Agency, a longtime opioid treatment provider of medication-assisted treatment, becomes the seventh BayMark program in the greater Los Angeles area.
Expect Deals for Behavioral Health Properties to Keep Flowing for Now
Kevin Taggart, CM&AP, managing partner of the healthcare M&A firm Mertz Taggart, says deals that were already close to completion are likely to be finalized, but a slow-down in M&A activity could come in a few months.
Private Equity’s Interest in Autism Creates Opening for Patient Investors
Dexter Braff, MBA, MS, told Treatment Center Investment & Valuation Retreat attendees that with private equity investors pouring money into the autism space, there’s an opportunity for strategic investors to create a competitive advantage.
Newport Academy Acquires All-Female Program Near Seattle
The deal for Residence XII, a mental health residential program for teens and young adult women, complements Newport Academy’s recent acquisition of an all-male program in Washington.
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