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Provident Healthcare Partners Provident Healthcare Partners

Q3 2023 Autism Services Update

Provident Healthcare Partners
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Q3 2023 Autism Services Update

Q3-23 transaction activity in the autism services space remained stable with eight total transactions, five of which were add-on investments from strategic acquirers and three of which were from financial acquirers. While challenges such as staffing issues and inflation are still present, the segment remains an attractive choice for investment due to the outsized demand for services nationwide. Moreover, with the CDC raising their youth autism estimate by 22% in April 2023, demand for services remains as high as ever, highlighting ample opportunity for growth.

Notable acquisitions include the bankruptcy acquisitions of the Center for Autism and Related Disorders (“CARD”)  by Pantogran, an entity led by their founder/former CEO Dr. Granpeesheh, and the Audax Group. Audax will be integrating some of CARD’s regional operations into their platforms, Proud Moments ABA and New Story Schools, while Granpeesheh acquired the actual entity and remaining operations.

To print and download the full Autism Update report, please click below…

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