PhaseWell Research Acquires Bio Behavioral Health

Headlands Research Acquires Pharmasite Research

February 29, 2024

Healthcare Services

Headlands Research, a multinational network of clinical trial sites, has acquired Pharmasite Research, a Maryland-based clinical trial site focused on mental illness and central nervous system (CNS) disorders. The deal expands Headlands' therapeutic capabilities in mental health and extends its site network's reach in the Mid-Atlantic, bringing the network to 18 sites across the United States and Canada.

Summit BHC Acquires Seven Psychiatric Hospitals from Strategic Behavioral Health

January 6, 2022

Healthcare Services

Summit BHC, a national provider of behavioral health and addiction treatment services, has acquired seven inpatient psychiatric hospitals (613 beds total) from Strategic Behavioral Health. The deal expands Summit's footprint into New Mexico, North Carolina, and Wisconsin and increases its presence in Iowa, Tennessee, and Texas; terms were not disclosed.

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.

Discovery Behavioral Health Acquires Anew Era TMS & Psychiatry

July 18, 2022

Healthcare Services

Discovery Behavioral Health acquired Anew Era TMS & Psychiatry, adding 12 outpatient TMS and psychiatry centers (six in California and six in Texas) to its network. The deal expands Discovery's outpatient psychiatry and neuromodulation capabilities as part of its Discovery MD professional psychiatric services division.

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.

NexPhase Capital Acquires Behavior Frontiers

May 5, 2025

Healthcare Services

NexPhase Capital has acquired Behavior Frontiers, a provider of Applied Behavior Analysis (ABA) treatment services; terms were not disclosed. Behavior Frontiers operates 26 centers and home-based services across 12 states, uses a proprietary practice management platform (PrioraCare), and will continue to be led by its existing management team as NexPhase supports geographic expansion and scaling.