Announced
Financials
Tags
Private
Health Care Services
Acquisition
United States
Majority
health care services
Private Equity
Single Bidder
Friendly
Completed
Synopsis
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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