New York City-based private equity firm NexPhase Capital could be looking to sell its stake in the autism services Action Behavior Centers, Behavioral Health Business reports. The possible sale was first reported by Axios.
NexPhase Capital is mulling a sale of the Austin, Texas-based Action Behavior Centers. NexPhase announced its investment in the Applied Behavioral Analysis and autism services provider in October 2018.
Action Behavior Centers’ reported trailing adjusted EBITDA of about $40 million is projected to grow to $60 million by the end of 2022. Read more.
