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
Location
Pennsylvania, United States
Transaction Type
Addon

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