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New Deal


Announced

New Directions Behavioral Health to acquire Tridiuum.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Majority

behavioral health

Single Bidder

Digital Services

Private

Domestic

Friendly

Acquisition

healthcare technology

Pending

Synopsis

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New Directions Behavioral Health, a provider of managed behavioral healthcare services, agreed to acquire Tridiuum, an operator of a digital behavioral health company. Financial terms were not disclosed. "This transaction comes at a time when the need for behavioral health innovation continues to grow. By joining New Directions, a like-minded, mission-driven company, we will be able to set a new standard of care characterized by accelerated access to quality treatment and meaningful outcomes. We look forward to working with New Directions towards bridging the gap for patients' behavioral health needs by using our scalable technology, which enables online scheduling to outcome measurement, to reimagine how to deliver timely access to care," Mark Redlus, Tridiuum CEO.

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