Havencrest Capital Management is doubling down on its Texas-based behavioral health efforts, announcing that its Austin-based Deep Eddy Psychotherapy Management acquired Dallas Counseling Treatment Center Management.
The move is something of an exception to Havencrest’s de-novo-focused plan for Deep Eddy. But it fits well with the Dallas-based PE firm’s approach to behavioral health, reports Behavioral Health Business.
“We’ve been very heavily focused on the extreme access issues in mental health,” Matt Cline, senior associate for Havencrest, told Behavioral Health Business. “We feel like we have a strong conviction for and see an absolute need for various types of [behavioral health].” Read more.