In October, private equity firm Lee Equity Partners bought substance use disorder provider Bradford Health. A couple months prior, Charlesbank Capital Partners – another PE player – acquired autism provider Action Behavior Centers. And in July, Revelstoke Capital Partners purchased eating disorder giant Monte Nido & Associates.
These three deals and others like it reflect how private equity is quickly expanding its reach in behavioral health care, reports Behavioral Health Business. Over the last decade, PE investors have poured billions of dollars into behavioral health. In recent years, they’ve been attracted by skyrocketing demand for services following the COVID-19 pandemic and the opportunity to consolidate a fragmented industry. Read more.