Announced
Completed
Financials
Tags
behavioral health
health services
Private
Friendly
Acquisition
Single Bidder
United States
Private Equity
behavioral health services
Medical Services
Majority
Completed
Domestic
Synopsis
Investment firms Cimarron Healthcare Capital, Monroe Capital and Veronis Suhler Stevenson completed the acquisition of Ascent Behavioral Health, a provider of behavioral health treatment to adolescents. Financial terms were not disclosed. The investment will be used to support the expansion of Ascent's existing programs and potential acquisitions of complementary programs. "Families from around the world have trusted the Ascent companies for decades to help their children lead healthier and more fulfilling lives. We are proud to provide resources and support for the team to continue this important work," Clay Andrus, CHC Vice President.
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