BUYER DISCOVERY
Who buys mental & behavioral health providers?
102 disclosed mental health practiceacquisitions analyzed — the active strategic and private equity buyers, how often each one buys, and their most recent named deals. Sourced from SEC filings and verified M&A press releases.
Quick answers
- How many disclosed transactions?
- 102 disclosed mental health practice acquisitions with a named acquirer.
- Most active buyers
- Acadia Healthcare Company, Inc. (16) · Civitas Solutions, Inc. (11) · AAC Holdings, Inc. (6) · Universal Health Services, Inc. (4) · Vistria Group (3) · BayMark Health Services (3)
- What would these buyers pay for my business?
- Run the ExitValue.ai calculator to price your mental health practice against these 102 disclosed transactions. The engine surfaces what each buyer pool pays for your size, margin, and growth profile.
Top strategic buyers
Operators, larger competitors, and corporate consolidators acquiring mental health practice businesses for synergy and capability fill.
| Acquirer | Deals | Median deal size | Recent targets |
|---|---|---|---|
| Acadia Healthcare Company, Inc. | 16 | $59M | CenterPointe Behavioral Health System (2021), Whittier Pavilion (2019), The Priory Group (2016), TrustPoint Hospital of Murfreesboro (2016) |
| Civitas Solutions, Inc. | 11 | $12M | Aging Well and Living Well (2018), Country Life Care Center (2017), Habilitative Services, Inc. (2017), Mentis Neuro Rehabilitation (2017) |
| AAC Holdings, Inc. | 6 | $18M | AdCare, Inc. (2018), Solutions Recovery, Inc. (2016), Wetsman Forensic Medicine (2016), Recovery First (2015) |
| Universal Health Services, Inc. | 4 | $495M | Talkspace, Inc. (2026), Cambian Group, PLC (2016), Foundations Recovery Network (2015), Ascend Health Corporation (2012) |
| Vistria Group | 3 | $295M | Beacon Specialized Services (2022), Sandstone Care (2022), Behavioral Health Group (2018) |
| BayMark Health Services | 3 | $3M | Community Substance Abuse Centers, Inc. (2017), Health Care Resource Centers (2017), Valley-Alliance Treatment Services, Inc. (2017) |
| Meridian Behavioral Health Systems | 2 | $20M | Girard Medical Center (2017), Highland Hospital (2017) |
| US HealthVest LLC | 2 | $37M | Ridgeview Institute, Inc. (2017), Maryville Behavioral Health Hospital (2015) |
| NexPhase Capital | 1 | $210M | Behavior Frontiers (2025) |
| Orchard Mental Health Group | 1 | $18M | GBCC Behavioral Health/Oasis (2025) |
| Nautic Partners | 1 | $425M | Proud Moments ABA (2025) |
| Sevita | 1 | $835M | ResCare Community Living (BrightSpring) (2025) |
Top private equity buyers
Private equity firms and PE-backed platforms rolling up mental health practice businesses. Platform-tier buyers typically pay up for scale, clean financials, and a management layer that survives integration.
| Acquirer | Deals | Median deal size | Recent targets |
|---|---|---|---|
| Revelstoke Capital Partners | 2 | $387M | Monte Nido & Affiliates (2022), Crossroads Treatment Center (2015) |
| Kohlberg & Company | 2 | $150M | The Meadows of Wickenburg (2016), Sunspire Health (2015) |
| Carlyle | 1 | $400M | Psychiatric Medical Care (2025) |
| GTCR | 1 | $310M | Caravel Autism Health (2024) |
| Consonance Capital Partners | 1 | $400M | Embark Behavioral Health (2023) |
| Charlesbank Capital Partners | 1 | $840M | Action Behavior Centers (2022) |
| Madison Dearborn Partners | 1 | $3.0B | Sevita, Inc. (2022) |
| Cerberus Capital Management | 1 | $400M | Lighthouse Autism Center (2021) |
| Waterland Private Equity | 1 | $1.4B | The Priory Group (2020) |
| Arsenal Capital Partners | 1 | $255M | Hopebridge (2019) |
Recent M&A activity
Disclosed mental health practice acquisitions by year.
Methodology note
Acquirer activity reflects disclosed M&A transactions in the ExitValue.ai database, filtered to mental health practice businesses with a named acquirer. Counts include deals with disclosed financials only — total transaction volume in this segment is typically 2–3x larger. The valuation engine reveals what each buyer pool pays for your specific business when you run the calculator. Full methodology
What's your mental health practice worth to these acquirers?
12-input M&A-grade workup with sellability score, named comparable deals, and AI-written commentary. 2 minutes.
- ✓Sellability score with 5-driver breakdown and lift estimates
- ✓Named comparable M&A transactions in your sub-vertical
- ✓AI-written analysis grounded in your specific inputs
Engine-grounded estimate. Comparable named deals on the full results page.
More on mental health valuations
- Value a mental health· run the calculator
- Mental Health median multiples· real-deal benchmarks
- Who buys mental health businesses?· active buyers
- Who acquired Talkspace, Inc.?· buyer profile
- How to value a mental health· long-form guide