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Announced

Completed

Consonance Partners-backed Psychiatric Medical Care completed the acquisition of Integrated Telehealth Partners.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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psychiatry

Majority

Single Bidder

Acquisition

Friendly

United States

Completed

telehealth

Health Care Services

Private Equity

Private

Synopsis

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Consonance Partners-backed Psychiatric Medical Care, a behavioral healthcare management company, completed the acquisition of Integrated Telehealth Partners, a provider of long-term tele-psychiatry and behavior health services. Financial terms were not disclosed. "The combination with PMC furthers our mission of helping individuals with mental health needs by creating a platform with a broader range of behavioral health service offerings and by providing our customers with access to a larger pool of psychiatric providers," Doug Wilson, ITP President.

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