Five V Capital Acquires Habit Health from Livingbridge

Mission Healthcare Acquires Healthy Living Network

July 14, 2021

Healthcare Services

San Diego-based Mission Healthcare has acquired Northern California-based Healthy Living Network, a multi-state network of independently owned home health agencies operating across six western states. The deal expands Mission's West Coast footprint into four new states and increases its scale—positioning the combined organization as one of the largest home-based care providers on the West Coast.

Grant Avenue Capital Acquires Heartland Rehabilitation and MileStone from HCR ManorCare

February 4, 2020

Healthcare Services

Grant Avenue Capital acquired the Heartland Rehabilitation and MileStone businesses from HCR ManorCare and combined them under the new brand H2 Health. The deal (terms not disclosed) creates a platform that operates more than 60 outpatient rehabilitation facilities across multiple states and a national clinical staffing business; Kiawah River Health Partners co-invested in the transaction.

CVS Health Leads $25M Growth Round in Array Behavioral Care

June 1, 2023

Healthcare Services

Array Behavioral Care closed a $25 million equity financing round led by CVS Health, with participation from existing investors including Wells Fargo Strategic Capital, Health Velocity Capital, Harbour Point Capital, HLM Venture Partners, OCA Ventures, and OSF HealthCare. The capital will be used to scale Array’s virtual psychiatry and therapy services, enhance technology and operations, and expand access through deeper collaboration with CVS Health.

Five Elms Capital Leads $27M Growth Investment in Practice Better

April 27, 2023

Cloud & SaaS

Practice Better, a Toronto-based practice management SaaS for health and wellness professionals, raised a $27 million growth investment led by Five Elms Capital to accelerate product development, integrations, strategic partnerships, and expansion of its go-to-market and technical teams. The company previously raised $1 million from Disruption Ventures in 2021 and will use the funding to scale capabilities and better support its global customer base.

Behavioral Health Group Acquires Center for Behavioral Health

January 13, 2022

Healthcare Services

Behavioral Health Group (BHG), a Vistria-backed national operator of outpatient opioid treatment centers, has acquired Center for Behavioral Health (CBH), a provider with 20 outpatient treatment centers across eight states. The acquisition expands BHG’s geographic footprint (adding presence in five new states) and increases its scale to roughly 116 treatment facilities and two labs nationwide.

Spire Healthcare Group plc Acquires Vita Health Group Limited

October 20, 2023

Healthcare Services

Spire Healthcare Group plc has acquired Vita Health Group Limited for a net cash consideration of approximately £74 million. Vita, a leading UK provider of NHS outpatient mental health talking therapies, musculoskeletal and occupational health services with c.1,600 employees and forecast 2024 revenue >£100m, was sold by funds advised or managed by ARCHIMED and certain current and former employee shareholders.