Arsenal Capital Partners Has Acquired Hopebridge
May 7, 2019
Hopebridge (the “Company”), a provider of comprehensive behavioral health services for children with autism spectrum disorder, announced that Arsenal Capital Partners (“Arsenal”) acquired the Company. Financial terms of the transaction were not disclosed.
Hopebridge provides personalized, comprehensive outpatient Applied Behavior Analysis (“ABA”), occupational, speech, and feeding therapies for children with autism spectrum disorder or affected by other behavioral, physical, social, communication, and sensory challenges through its over 35 centers across Illinois, Indiana, Ohio, and Georgia. The Company’s clinical model delivers coordinated care, focused on clinical results, skill development, and family support.
Arsenal is a specialized private equity firm that invests in the U.S. market with a deep focus in Healthcare and Specialty Industrials. Since its founding in 2000, Arsenal has raised institutional equity investment funds of approximately $5.3 billion, completed 41 platform investments, and achieved 30 realizations. The firm works with management teams to build strategically important companies with leading market positions, high growth, and high value-add.
Cain Brothers, a division of KeyBanc Capital Markets, served as exclusive financial advisor to Arsenal. This is Cain Brothers’ sixth transaction in the autism therapy sector in the last two and a half years, which provides its team valuable insights on the sector and continues the significant momentum in advising the leading providers and investors in behavioral health.