Operating Company Healthcare

The Stepping Stones Group

Boston, Massachusetts, United States

Transforms the lives of children, families, and communities through therapeutic and behavioral health services delivered in schools, at home, and in clinics across the U.S.

Focus Areas
Pediatric Therapy, Applied Behavior Analysis (ABA), Autism Services

Tracked deals

11

11 tracked deals across 2020-2025.

Recent pace

0

0 tracked deals announced in the last 12 months.

Deal mix

Addon

8 addon · 3 buyout

The Stepping Stones Group Acquisition Volume by Year

Last 5 years

Acquisition volume by year Annual acquisition counts for the last 5 years for The Stepping Stones Group. 2 2020 3 2021 4 2022 1 2023 1 2025

Supporting Data

Recent Transactions

  • Buyer
    The Stepping Stones Group, Leonard Green & Partners
    Target
    Gallagher Pediatric Therapy
    Type
    Addon

    Boston-based The Stepping Stones Group has acquired Gallagher Pediatric Therapy, a Fullerton, California provider of occupational and physical therapy for children, for an undisclosed sum. The deal is an add-on to The Stepping Stones Group’s school-based services platform and was advised to Gallagher by Hexagon Capital Alliance.

  • Buyer
    The Stepping Stones Group
    Target
    Catalyst Speech Language Pathology
    Type
    Addon

    The Stepping Stones Group has acquired Catalyst Speech Language Pathology, a Los Angeles–area provider of school-based speech-language pathology services founded by Ji Kim. Catalyst will continue operating as a standalone entity under Ji Kim, who will join Stepping Stones as Director of Client Services; the acquisition expands Stepping Stones' school-based therapy capabilities and presence in Southern California.

  • Buyer
    The Stepping Stones Group
    Target
    Building Blocks Behavior Consultants, Inc.
    Type
    Buyout

    The Stepping Stones Group, a national provider of therapeutic and autism services, has acquired Building Blocks Behavior Consultants, a Sacramento-based provider of center-based Applied Behavior Analysis (ABA) therapy that serves roughly 90 clients across two centers. Founder Mila Zea will remain with the business as Regional Clinical Manager; the acquisition expands The Stepping Stones Group's presence in the Sacramento/California market and strengthens its autism services footprint.

  • Buyer
    The Stepping Stones Group
    Target
    Center for Behavioral, Educational, and Social Therapies (C.B.E.S.T.)
    Type
    Addon

    The Stepping Stones Group, a national provider of therapeutic and behavioral services, has acquired Center for Behavioral, Educational, and Social Therapies (C.B.E.S.T.), an ABA provider in the greater Los Angeles area. The deal expands Stepping Stones' behavioral service footprint in Southern California and brings C.B.E.S.T.'s clinical team into Stepping Stones' K‑12 practice reporting structure.

  • Buyer
    The Stepping Stones Group
    Target
    HM Therapy
    Type
    Buyout

    The Stepping Stones Group, a national provider of therapeutic, behavioral, autism and educational services, has acquired HM Therapy, a San Diego–area provider of related services and early intervention founded in 2006. The founders Kyle and Alice Heebner will remain with the business, and the deal is intended to expand The Stepping Stones Group’s presence in the San Diego region and broaden its pediatric therapy footprint.

  • Buyer
    The Stepping Stones Group
    Target
    The Southcoast Autism Center
    Seller
    Sinead Petersen
    Type
    Buyout

    The Stepping Stones Group has acquired The Southcoast Autism Center, a Massachusetts-based provider of center-based applied behavior analysis (ABA) therapy for children with autism. The acquisition expands Stepping Stones' center-based care footprint in Massachusetts and complements its existing home-based services; SCAC founder Sinead Petersen will remain with the business as Director of Center Based Services in Massachusetts.

  • Buyer
    The Stepping Stones Group, Five Arrows Capital Partners
    Target
    Behavioral Learning Center
    Type
    Addon

    The Stepping Stones Group has acquired Behavioral Learning Center (BLC), a California-based provider of home-, school- and community-based autism and behavioral services. BLC will operate within SSG's Autism & Community business unit with its co-founders remaining as Executive Clinical Directors; Stepping Stones is a portfolio company of Five Arrows Capital Partners, which continues to support the company's acquisitive growth strategy.

  • Buyer
    The Stepping Stones Group, Five Arrows Capital Partners
    Target
    The Futures Health Group, LLC
    Type
    Addon

    The Stepping Stones Group, a portfolio company of Five Arrows Capital Partners, has acquired The Futures Health Group, LLC, a Massachusetts-based therapeutic and behavioral services provider serving schools. The acquisition expands Stepping Stones' service capabilities and geographic footprint, particularly in Massachusetts, Michigan and Arizona.

  • Buyer
    The Stepping Stones Group, Five Arrows Capital Partners
    Target
    EBS Healthcare
    Type
    Addon

    The Stepping Stones Group, a majority-owned platform of Five Arrows Capital Partners, has acquired Pennsylvania-based EBS Healthcare, a provider of clinic, school, and home-based behavioral and therapeutic services for children. The deal adds EBS's autism, behavioral, nursing, and educational therapy capabilities to Stepping Stones' national platform to expand geographic reach and service offerings across school, home and clinic settings.

  • Buyer
    The Stepping Stones Group, Five Arrows Capital Partners
    Target
    Ardor School Solutions
    Seller
    Ardor Health Solutions
    Type
    Addon

    The Stepping Stones Group, a Five Arrows Capital Partners-backed provider of therapeutic and behavioral health services for children, has acquired Ardor School Solutions, the school division of Ardor Health Solutions. The add-on expands Stepping Stones' geographic footprint into new areas including New Mexico and Arizona and strengthens its school-based therapy and autism services.

  • Buyer
    The Stepping Stones Group, Five Arrows Capital Partners
    Target
    STAR of CA
    Type
    Addon

    The Stepping Stones Group, a national provider of therapeutic, behavioral and autism services and a portfolio company of Five Arrows Capital Partners, has acquired STAR of CA, a California-based provider of home-, school- and community-based ABA and mental health services. STAR of CA will operate as a subsidiary and Doug Moes, Co‑Founder and CEO of STAR of CA, will lead The Stepping Stones Group's Autism Division while continuing to run STAR of CA. The deal expands The Stepping Stones Group's autism services footprint in California and supports its broader growth strategy.

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