Youth behavioral health provider Embark Behavioral Health has received a significant investment from the private equity firm Consonance Capital Partners.
As part of the deal, Consonance Capital Partners took a controlling stake in the company. The new capital will set Embark Behavioral Health up for an ambitious growth strategy, multiple sources familiar with the investment told Behavioral Health Business.
The equity sale was valued at approximately $400 million with a multiple range of 12- to 15-times EBITDA, the sources said. Read more.
