Announced
Completed
Financials
Tags
United States
Private Equity
Single Bidder
Completed
Cross Border
Medical Services
Acquisition
Friendly
treatment solutions
substance use monitoring
Majority
Private
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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