Benchmark International is pleased to announce the transaction between Healing Educational Alternatives for Deserving Students, LLC (“HEADS”) and Health Connect America, Inc. (“Health Connect America”).
HEADS, founded in February 2012, is a trauma-focused Medicaid therapeutic services provider to at-risk children and families. HEADS provides cognitive behavioral therapy to individuals and families, specialized therapeutic foster care, 24/7 crisis support, and congregate care.
Health Connect America is a multi-state behavioral health platform that treats a comprehensive mix of issues, including conduct disorder, substance abuse, autism disorders, and emotional disturbance. Health Connect America provides mental and behavioral health services to children, families, and adults across multiple states.
Palladium Equity Partners, LLC (“Palladium”) acquired Health Connect America in August 2021, which is Palladium’s seventh platform investment in the broader healthcare industry and the recent acquisitions bring the firm’s total investments in healthcare, including follow-on acquisitions, to 46 across its last four funds.
Senior Transaction Associate Sunny Yang Garten at Benchmark International added, “We are very excited about this transaction. We understood the client’s goal and presented multiple options for the client to consider. Health Connect America provides a large platform. This acquisition further extends its footprint into Florida. There is a great strategic fit between HEADS and Health Connect America. On behalf of Benchmark International, we wish both companies continued success.”
Americas: Sam Smoot at +1 (813) 898 2350 / Smoot@BenchmarkIntl.com
Europe: Michael Lawrie at +44 (0) 161 359 4400 / Enquiries@BenchmarkIntl.com
Africa: Anthony McCardle at +27 21 300 2055 / McCardle@BenchmarkIntl.com
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Benchmark International’s global offices provide business owners in the middle market and lower middle market with creative, value-maximizing solutions for growing and exiting their businesses. To date, Benchmark International has handled engagements in excess of $7B across various industries worldwide. With decades of global M&A experience, Benchmark International’s deal teams, working from 14 offices across the world, have assisted hundreds of owners with achieving their personal objectives and ensuring the continued growth of their businesses.