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New Deal


Announced

TPG Capital, Summit Partners and Silversmith Capital Partners to invest in LifeStance.

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 Equity

Pending

Friendly

Private

United States

behavioral health care

Minority

Acquisition

Health Care Services

Single Bidder

Synopsis

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Private equity firms TPG Capital, Summit Partners and Silversmith Capital Partners agreed to invest in LifeStance Health Partners, a provider of outpatient behavioral health services. Financial terms were not disclosed. "We believe this is the time, now more than ever, to create more access for patients and to grow opportunities for our clinicians and staff. Our partnership with TPG, Summit, and Silversmith will help drive the next phase of growth for LifeStance, as we look to expand our geographic and online digital health footprint, and ultimately serve more patients nationwide seeking mental health services," Michael Lester, LifeStance CEO.

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