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

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.

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

July 14, 2022

Healthcare Services

Greenbrook TMS Inc. has completed the acquisition of Check Five LLC (doing business as Success TMS), adding 47 TMS treatment centers and increasing Greenbrook's total to 193 centers. Concurrently, Greenbrook closed a US$75 million secured credit facility with Madryn Asset Management to refinance existing debt and provide growth capital for further expansion.

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.

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.

Beacon Behavioral Partners Acquires The Neuropsychiatry & TMS Group

March 27, 2024

Healthcare Services

Beacon Behavioral Partners has acquired The Neuropsychiatry & TMS Group, an outpatient mental health provider in Tampa, Florida, marking Beacon's first partnership in Florida. The practice, led by Dr. Faizi Ahmed with three Tampa Bay locations and specializing in psychiatry and TMS treatment, will expand TMS services and grow its physician team with Beacon's support; Mertz Taggart provided sell-side advisory.

McGraw Hill Acquires Edtech Pioneer Achieve3000

August 30, 2021

Education

McGraw Hill, a Platinum Equity portfolio company, acquired Achieve3000, a Red Bank, New Jersey–based provider of differentiated instruction and learning acceleration for PreK–12. The add-on acquisition (financial terms not disclosed) expands McGraw Hill's supplemental and intervention digital offerings and supports the company's continued digital transformation.