Greenbrook TMS Acquires Success TMS; Secures US$75M Credit Facility from Madryn

Greenbrook TMS Inc. Acquires Achieve TMS Centers (including Achieve TMS Alaska)

September 26, 2019

Healthcare Services

Greenbrook TMS Inc. (TSX: GTMS) has closed its acquisition of Achieve TMS Centers, LLC and Achieve TMS Alaska, LLC for an initial purchase price of US$10.5 million (net of cash and debt), with approximately US$2.6 million paid via issuance of common shares and an additional earn-out tied to post-closing EBITDA. The deal expands Greenbrook's national footprint to more than 100 TMS treatment centers and strengthens its position as a leading provider of Transcranial Magnetic Stimulation therapy in the United States.

Greenbrook TMS Acquires Achieve TMS East and Achieve TMS Central

October 1, 2021

Healthcare Services

Greenbrook TMS Inc. has completed the acquisition of Achieve TMS East, LLC and Achieve TMS Central, LLC, adding 17 treatment centers to its network. The initial aggregate purchase price was US$8.0 million (net of cash and debt) with a capped earn-out of up to US$2.5 million based on Achieve TMS East's performance over the subsequent 12 months.

Meridian Behavioral Health Acquires Gateway Recovery Center

January 29, 2025

Healthcare Services

Meridian Behavioral Health, a Renovus Capital-owned SUD treatment provider headquartered in New Brighton, Minnesota, has acquired Gateway Recovery Center, a two-facility inpatient detox provider in Inver Grove Heights and Brooklyn Park, Minnesota. The acquisition adds medical detox capability to Meridian's continuum of care and is part of Meridian's broader roll-up strategy to expand services and capabilities across Minnesota.

Discovery Behavioral Health Acquires Dan Med TMS Neuro Institute

March 8, 2022

Healthcare Services

Discovery Behavioral Health, Inc. has acquired Dan Med TMS Neuro Institute, a specialized provider of transcranial magnetic stimulation (TMS) therapy that operates centers in the Seattle–Tacoma area (Bellevue, Kent, Renton) and Costa Mesa, California. The acquisition expands Discovery Behavioral Health's TMS capability and geographic footprint, improving access to treatment for patients with treatment‑resistant depression.

JDM Technology Group Acquires Successware

March 21, 2025

Software

JDM Technology Group has acquired Successware, a cloud-based field service management software provider, from Authority Brands; the transaction closed on March 21 and terms were not disclosed. The deal expands JDM's B2B software portfolio and strengthens its presence in the North American market; Successware will continue to operate under its own brand.

Discovery Behavioral Health Acquires Anew Era TMS & Psychiatry

July 18, 2022

Healthcare Services

Discovery Behavioral Health acquired Anew Era TMS & Psychiatry, adding 12 outpatient TMS and psychiatry centers (six in California and six in Texas) to its network. The deal expands Discovery's outpatient psychiatry and neuromodulation capabilities as part of its Discovery MD professional psychiatric services division.