PAX Health Acquires Richardson Psychiatric Associates
April 17, 2025
PAX Health, a behavioral healthcare platform backed by HCAP Partners and funds managed by Hamilton Lane (Nasdaq: HLNE), has acquired Richardson Psychiatric Associates, an outpatient psychiatric practice based in New Castle, Pennsylvania. The add-on expands PAX Health's mental health services and geographic footprint in Western Pennsylvania, adding expertise in psychiatric evaluations, medication management, and multiple therapeutic modalities.
- Buyers
- PAX Health, HCAP Partners, Hamilton Lane (funds managed by)
- Targets
- Richardson Psychiatric Associates
- Platforms
- PAX Health
- Industry
- Healthcare Services
- Location
- Pennsylvania, United States
- Transaction Type
- Addon
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