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Announced

Completed

Equality Asset Management completed the acquisition of a minority stake in Mindoula.

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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healthcare industry

Majority

Single Bidder

healthcare

Acquisition

behavioral health care

Private Equity

Private

Friendly

healthcare services

United States

Health Care Services

Completed

Synopsis

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Equality Asset Management, a private equity firm, completed the acquisition of a minority stake in Mindoula, a behavioural healthcare services provider. Existing institutional investors, AXA Venture Partners and Morgan Noble Healthcare Partners, also participated. Financial terms were not disclosed. “As we continue to execute on our mission to transform behavioral healthcare, we are excited to bring on a partner who shares our vision. We are impressed by the deep investment experience, healthcare expertise, and collaborative approach of Tom Roberts, Ned Schwartz, and the entire Equality team, and we look forward to our growth together,” Steve Sidel, Mindoula Founder and CEO.

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