Greenbrook TMS Acquires Achieve TMS East and Achieve TMS Central
October 1, 2021
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.
- Buyers
- Greenbrook TMS Inc.
- Targets
- Achieve TMS East, LLC, Achieve TMS Central, LLC
- Industry
- Healthcare Services
- Location
- United States
- Transaction Type
- Buyout
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