KKR Acquires Majority Interest in Therapy Brands
April 7, 2021
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.
- Targets
- Therapy Brands
- Sellers
- Lightyear Capital (investment funds affiliated), Oak HC/FT (investment funds affiliated), Greater Sum Ventures (investment funds affiliated)
- Industry
- Software
- Location
- Alabama, United States
- Transaction Type
- Buyout
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