PresenceLearning Acquires Global Teletherapy; Majority Stake Acquired by Spectrum Equity and TPG's The Rise Fund

PresenceLearning Raises $27M Series D Led by Bain Capital Double Impact

May 19, 2020

Education

PresenceLearning, a provider of live online special-education services and teletherapy for K-12 schools, raised $27 million in a Series D growth round led by Bain Capital Double Impact with participation from Catalyst Investors, New Markets Venture Partners and Catamount Ventures. The capital will be used to accelerate expansion of PresenceLearning’s online therapy, assessment and professional-development offerings to meet increased demand from school districts, particularly amid COVID-19-related remote learning needs.

Presence Acquires RemoteHQ Software

August 23, 2023

Software

Presence, a leading provider of PreK–12 teletherapy and remote evaluation services, has acquired the proprietary collaboration software platform from RemoteHQ to power its virtual therapy room. The acquisition brings RemoteHQ’s co-browsing and interactive collaboration capabilities into Presence’s teletherapy platform to improve clinician–student engagement and remote session interactivity.

KKR Acquires Majority Interest in Therapy Brands

April 7, 2021

Software

KKR has agreed to acquire a majority interest in Therapy Brands, a Birmingham-based practice management and EHR software platform for mental, behavioral and rehabilitation healthcare providers. Existing investor PSG will remain a minority shareholder, and sellers include investment funds affiliated with Lightyear Capital, Oak HC/FT and Greater Sum Ventures; financial terms were not disclosed.

TPG, Summit Partners and Silversmith Provide Growth Capital to LifeStance Health

April 16, 2020

Healthcare Services

LifeStance Health announced that TPG Capital will join existing investors Summit Partners and Silversmith Capital Partners, alongside management, to provide growth capital to expand the company's geographic footprint and digital/telehealth capabilities. The investment will support LifeStance's efforts to increase access to outpatient behavioral health services across the United States.

The Rise Fund Acquires Majority Stake in Teachers of Tomorrow; Ridgemont Joins as Minority Investor

September 2, 2021

Education

The Rise Fund (TPG Rise) signed a definitive agreement to acquire a majority stake in Teachers of Tomorrow from Gauge Capital, with Ridgemont Equity Partners joining as a significant minority investor alongside The Rise Fund. The investment will support Teachers of Tomorrow’s geographic expansion, product-line growth, and scaling of its alternative teacher certification, professional development, and placement services across the U.S.

Point Quest Group Acquires LinkUp Teletherapy

November 18, 2025

Healthcare Services

Point Quest Group, a national provider of special education staffing and services, has acquired LinkUp Teletherapy, a virtual speech therapy provider. The acquisition adds a HIPAA-compliant, therapist-designed teletherapy platform to Point Quest Group's offerings to expand scalable speech and language services for K–12 districts nationwide.