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New Deal


Announced

Gryphon Investors completed the acquisition of a majority stake in LEARN Behavioural from LLR Partners.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Health Care Services

Acquisition

United States

Majority

health care services

Private Equity

Single Bidder

Friendly

Completed

Synopsis

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Gryphon Investors, a San Francisco-based private equity firm, completed its acquisition of a majority stake in LEARN Behavioural, the leading network of providers serving children with autism and other special needs, from LLR Partners. LLR and senior management will maintain minority stakes alongside Gryphon. Financial terms were not disclosed. "There is a large unmet need for ABA therapy for children with an autism spectrum disorder. The CDC currently estimates that one in 59 children is affected by autism spectrum disorder and there is a proven benefit from early intervention with comprehensive treatment. Gryphon is excited to team-up with LEARN, whose high-quality care and reputation as an employer of choice for clinicians provides a strong foundation for future growth." Luke Schroeder, Gryphon Principal.

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