The behavioral health industry has seen multiples in deals for outpatient mental health providers hit remarkable highs in the last few years while the addiction treatment space is on the downside of a merger and acquisition high that crested about five years ago, Behavioral Health Business reports.
Investors piled into the space and sent multiples sky high before cresting in 2018. Since then, multiples in the addiction care space have trended into the mid-single-digits realm, Mertz Taggart Co-Founder and Managing Partner Kevin Taggart said during a breakout session at the 2021 annual conference of the National Association of Addiction Treatment Providers. Read more.
