Greenbrook TMS Acquires Achieve TMS East and Achieve TMS Central

Greenbrook TMS Inc. Acquires Achieve TMS Centers (including Achieve TMS Alaska)

September 26, 2019

Healthcare Services

Greenbrook TMS Inc. (TSX: GTMS) has closed its acquisition of Achieve TMS Centers, LLC and Achieve TMS Alaska, LLC for an initial purchase price of US$10.5 million (net of cash and debt), with approximately US$2.6 million paid via issuance of common shares and an additional earn-out tied to post-closing EBITDA. The deal expands Greenbrook's national footprint to more than 100 TMS treatment centers and strengthens its position as a leading provider of Transcranial Magnetic Stimulation therapy in the United States.

Greenbrook TMS Acquires Success TMS; Secures US$75M Credit Facility from Madryn

July 14, 2022

Healthcare Services

Greenbrook TMS Inc. has completed the acquisition of Check Five LLC (doing business as Success TMS), adding 47 TMS treatment centers and increasing Greenbrook's total to 193 centers. Concurrently, Greenbrook closed a US$75 million secured credit facility with Madryn Asset Management to refinance existing debt and provide growth capital for further expansion.

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.

Discovery Behavioral Health Acquires Dan Med TMS Neuro Institute

March 8, 2022

Healthcare Services

Discovery Behavioral Health, Inc. has acquired Dan Med TMS Neuro Institute, a specialized provider of transcranial magnetic stimulation (TMS) therapy that operates centers in the Seattle–Tacoma area (Bellevue, Kent, Renton) and Costa Mesa, California. The acquisition expands Discovery Behavioral Health's TMS capability and geographic footprint, improving access to treatment for patients with treatment‑resistant depression.

CentralReach Acquires Behaviorsoft

June 3, 2021

Cloud & SaaS

CentralReach has acquired Behaviorsoft, an end-to-end EMR and practice management software provider focused on startup and small applied behavior analysis (ABA) therapy practices. The acquisition expands CentralReach's product portfolio to better serve small and growing practices while preserving Behaviorsoft as an independent division to accelerate investment and integration of complementary products and services.

Beacon Behavioral Partners Acquires The Neuropsychiatry & TMS Group

March 27, 2024

Healthcare Services

Beacon Behavioral Partners has acquired The Neuropsychiatry & TMS Group, an outpatient mental health provider in Tampa, Florida, marking Beacon's first partnership in Florida. The practice, led by Dr. Faizi Ahmed with three Tampa Bay locations and specializing in psychiatry and TMS treatment, will expand TMS services and grow its physician team with Beacon's support; Mertz Taggart provided sell-side advisory.