Chicago-based private equity firm Madison Dearborn Partners LLC will acquire a 25% stake in Boston-based Sevita Health, reports Behavioral Health Business. Axios originally reported the deal.
If the deal goes through Madison Dearborn Partners will join New York City-based Centerbridge Partners and Chicago-based Vistria Group as investors.
Sevita, formerly The Mentor Network, provides community-based and in-home care services for people with intellectual and developmental disabilities. Read more.
