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Announced

Bain-Capital backed HealthDrive acquired New England Geriatrics.

Financials

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Capital Bid For100%
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mental health services

Private

United States

Health Care Services

Acquisition

Private Equity

Synopsis

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HealthDrive, a leader in delivering integrated specialty healthcare services and a portfolio company of Bain Capital Double Impact, acquired New England Geriatrics, a provider of comprehensive and quality psychiatric care. This acquisition will allow HealthDrive to expand its services as it seeks to create the premier multi-specialty healthcare platform for vulnerable populations. This is the first acquisition for HealthDrive as a portfolio company of Bain Capital Double Impact, the impact investing business of Bain Capital. Financial terms of the private transaction were not disclosed.

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