TPG-backed The Rise Fund completed the investment in Banyan Treatment Centers.

TPG-backed The Rise Fund, a private equity firm, completed the investment in Banyan Treatment Centers, a mental health services provider. Financial terms were not disclosed. “At Banyan, we treat addiction as a chronic disease that needs to be actively managed so that our patients can take back control of their lives. Our team delivers evidence-based treatment models with deep empathy for our patients. The Rise Funds’ focus on improving access to care for fragile populations, combined with their healthcare expertise, made them the mission-aligned partner of choice for Banyan,” Joe Tuttle, Banyan Treatment Centers President & CEO.