ARC Health and Thurston Group put partnership and growth at the center of their strategy to expand a fast-growing outpatient mental health platform company.
The throughlines of partnership and growth have enabled the company to grow from one practice in Cleveland, Ohio, to 16 practices and 25 locations by the end of 2022, reports Behavioral Health Business.
In August 2021, the Chicago-based health care private equity firm Thurston Group formed ARC Health through an investment in Advanced Recovery Concepts. That deal helped establish and use the firm’s blueprint of ARC Health as it seeks to consolidate the outpatient mental health space and expand access to care.
In 2022, ARC Health announced six deals, expanding its nationwide footprint. Its latest, Ann Arbor, Michigan-based Lotus Counseling, expanded the firm into its 12th state. It also operates in the District of Columbia. Read more.
