Los Angeles-based Levine Leichtman Capital Partners apparently wants to unload Miami-based eating disorder treatment provider Monte Nido & Affiliates Holdings, Behavioral Business reports.
Levine Leichtman could seek a sale price of up to $1 billion. That’s based on unnamed sources disclosing that the private equity firm is seeking a 20x multiple of Monte Nido’s $50 million in EBITDA.
New York City-based private equity firm Centre Partners Management announced the sale of Monte Nido to Levine Leichtman six years ago. The terms of the deal were not disclosed at that time. Read more.
