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Announced

Bain Capital Double Impact to invest in Broadstep Behavioral Health.

Synopsis

Bain Capital Double Impact, a health & wellness-focused private equity firm, is set to invest in Broadstep Behavioral Health, a provider of programs and services to individuals with disabilities. Financial terms were not disclosed. "I'm incredibly proud of our leadership team and our dedicated caregivers who have gone above and beyond to continuously improve outcomes and address the needs of the individuals we serve. We are excited to partner with Bain Capital Double Impact and to leverage their resources and support as we build new standards of care and expand through acquisitions and into complementary care services. We share the same mission to create better outcomes for a growing, underserved population that today lacks the residential and community-based programs and facilities that can empower personal growth," Lynn Mason, Broadstep President and CEO.

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