Webster Capital's Behavior Health Holdings Acquires MedMark Services (Backed by $130M Fifth Street Financing)
October 15, 2015
Webster Capital-backed portfolio company Behavior Health Holdings acquired MedMark Services Inc., combining MedMark with its BAART subsidiary to create the third-largest methadone treatment provider in the U.S. Fifth Street Asset Management led a $130 million one‑stop financing facility to refinance BAART and support the add-on acquisition of MedMark; the financing included investments from Fifth Street Finance Corp. and Fifth Street Senior Floating Rate Corp.
- Buyers
- Behavior Health Holdings, Webster Capital (Webster Equity Partners), Fifth Street Asset Management Inc.
- Targets
- MedMark Services Inc.
- Sellers
- Capital Resource Partners
- Platforms
- Behavior Health Holdings
- Industry
- Healthcare Services
- Location
- United States
- Transaction Type
- Addon
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