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Announced

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Five Arrows-backed Averhealth completed the acquisition of Aspenti Health.

Synopsis

Five Arrows-backed Averhealth, a provider of substance use monitoring and treatment services, completed the acquisition of Aspenti Health, a healthcare company located in Burlington, Vermont. Financial terms were not disclosed. "The acquisition of Aspenti broadens Averhealth's referral base to include physicians, treatment centers and healthcare systems. Aspenti's social mission of promoting positive change, improving well-being and creating a better world perfectly aligns with Averhealth's mission of reclaiming lives, uniting families and strengthening communities. This is a perfect fit for us as we advance our goal of improving patient outcomes for those struggling with substance use disorder," Jason Herzog, Averhealth CEO.

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