Q2 2023 Autism Services Update
Q2 2023 transaction activity in the autism services space remained active with five total transactions, of which three were financial in nature and two were add-on investments from strategic acquirers. Investors continue to be drawn to the space given its outsized demand for services. Headwinds such as labor and wage pressures are still present, but are being mitigated by strong rate bumps across both commercial and Medicaid funding sources.
Notable acquisitions include the execution of a definitive agreement between the Center for Autism and Related Disorders (“CARD”) and Pantogran, a group led by CARD’s founder / former CEO, Dr. Doreen Granpeesheh. Court documents indicate that Pantogran would acquire CARD for $25M, five years after Blackstone acquired CARD in a $600M deal.
To print and download the full Autism Services Update report, please click below…
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