Here are three private equity-backed acquisitions in the field Becker’s has reported in 2024:
- California private equity firm HCAP Partners acquired three behavioral health organizations — Behavioral Medicine Associates, Workers Compensation Psychological Network and Reservoir Health — to merge under the name PAX Health. The merger will create one of the largest behavioral health businesses in the northeastern U.S.
- Private equity-backed Baton Rouge, La.-based Beacon Behavioral Health Partners added nine new behavioral clinics across the southwest to its practice. The network expects to double its growth from 2023 in 2024.
- ARC Health, part of the private-equity-backed Thurston Group, acquired 12 practices in 2023. The behavioral health group is made up of 21 practices in 16 states.
At the Becker's Fall Behavioral Health Summit, taking place November 4–5 in Chicago, behavioral health leaders and executives will explore strategies for expanding access to care, integrating services, addressing workforce challenges and leveraging innovation to improve outcomes across the behavioral health continuum. Apply for complimentary registration now.
