KKR completed the acquisition of a majority stake in Therapy Brands from Lightyear Capital, Oak HC/FT and Greater Sum Ventures.

KKR, a global investment firm, completed the acquisition of a majority stake in Therapy Brands, a practice management and electronic health record software platform for mental, behavioral, substance use recovery, applied behavior analysis and physical rehabilitation healthcare providers, from private equity firms Lightyear Capital, Oak HC/FT and Greater Sum Ventures. Financial terms were not disclosed. Existing investor PSG participated in the transaction alongside KKR and continues to be a minority shareholder in Therapy Brands. "We are excited to welcome KKR as our new investor, which brings a deep understanding of the healthcare sector and extensive experience in scaling technology-enabled platforms. This support will help us accelerate our mission of making it easier for providers to navigate an increasingly complex administrative landscape so they can spend more time and focus on delivering improved outcomes for their clients," Kimberly O'Loughlin, Therapy Brands CEO.