By Generational EquityDec 12, 2018, 07:00 et
Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, ABA of North Texas LLC, to The Family Treatment Network, a Pharos Capital Group LLC platform company. The acquisition closed Nov. 16, 2018.
With clinics in Plano and McKinney, ABA of North Texas provides high-quality behavioral services for children and adolescents with autism spectrum disorder and other developmental disabilities. Founded in 2012, the company has 33 employees and serves more than 70 children. ABA Founder and Executive Director Susan Krejci and her team will continue to provide services under the ABA of North Texas name.
"We are thrilled to be working with The Family Treatment Network and Pharos," said Krejci. "They clearly share our vision of providing caring, high-quality treatment services to children and their families, and their resources will be invaluable in ensuring greater access for those who need services like ours."
The Family Treatment Network (FTN) is a platform of child and adolescent behavioral health services businesses, including residential therapy centers, therapeutic day schools, home and community-based outpatient programs, and other child and adolescent psychiatric treatment services.
Focusing on both education and therapy, FTN offers a broad mix of high-quality programs and services with an emphasis on autism and applied behavior analysis therapy. FTN's goal is to provide best-in-class care across the full continuum of behavioral health services to children, adolescents and families from coast to coast.
Pharos Capital Group established its Family Treatment Network platform in 2015 to manage its investments in special schools, psychiatric residential treatment centers and community-based programs for children, adolescents and their families.
Headquartered in Dallas and Nashville, Pharos is a physician-founded private equity firm that invests $25 million to $50 million in growing healthcare companies that lower the total cost of care, improve patient outcomes and expand access to care.
"Pharos is committed to expanding our portfolio of behavioral health companies, and we are delighted when we find a fit as harmonious as this one," said Pharos Partner Bob Crants. "With its early childhood focus, ABA of North Texas will build on the services offered by sister FTN company Behavior Care Specialists and will further strengthen our ability to offer the applied behavior analysis model of autism treatment."
Together, ABA and Behavior Care Specialists provide autism services in seven states: Colorado, Connecticut, Iowa, Minnesota, South Dakota, Texas and Wyoming.
Generational Equity Senior Managing Director Michael Goss's team, led by Senior VP Luan Ly, successfully closed the deal. Senior Managing Director Terry Stidham established the initial relationship with ABA.
"It was very rewarding to hear about the kids' positive and progressive developments at ABA of North Texas due to the effective model the company has in place," said Ly. "It was equally rewarding to be able to find a home for ABA of North Texas, such as FTN, to continue what has been built and much more."
About Generational Equity
Generational Equity, DealForce, Generational Wealth Advisors, and Generational Capital Markets, member FINRA/SIPC, are part of the Generational Group, which is headquartered in Dallas and is one of the leading M&A advisory firms in North America.
With over 250 professionals located throughout North America, the companies help business owners release the wealth of their business by providing merger, acquisition and strategic growth advisory services. Their four-step approach features exit planning education, business valuation, value enhancement strategies, and M&A transactional services.
About Family Treatment Network
The Family Treatment Network (FTN) is a complementary platform of child and adolescent behavioral health services businesses, including residential therapy centers, therapeutic day schools, home & community-based outpatient programs, and other child and adolescent psychiatric treatment services. With a strong emphasis on both education and therapy, FTN offers a broad mix of high-quality programs and services with an emphasis on autism and ABA Therapy. FTN's goal is to provide best-in-class care across the full continuum of behavioral health services to children, adolescents and families from coast to coast.
About Pharos Capital Group
Based in Dallas and Nashville, Pharos Capital Group (www.pharosfunds.com) is an SEC Registered Investment Advisor. Since inception, Pharos has invested in 53 companies and currently has over $780 million of private equity assets under management. Pharos typically invests $25-$50 million in rapidly growing middle market companies seeking later stage funding for internal growth, acquisitions, leveraged buyouts, management buyouts, or recapitalizations predominantly across healthcare sectors.
The information we learn from customers helps us personalize and continually improve your experience. Here are the types of information we gather.
We receive and store any information you enter on our Web site or give us in any other way. We do not sell or rent your personal information to others without your consent. We use the information we collect only for the purposes sending promotional information, enhancing the operation of our site, serving advertisements, for statistical purposes and to administer our systems. We DO NOT use third parties to provide customer service, to serve site content, to serve the advertisements you see on our site, to conduct surveys, to help administer promotional emails, or to administer drawings or contests, but reserve the right to do so in the future without advance notice.
Generational Capital Markets, Inc.’s affiliates are all part of one corporate family, they work with one another and may work together to provide services to you. The sharing of your information among affiliates enables Generational Capital Markets to serve you more efficiently and makes it more convenient for you to do business with Generational Group. Generational Capital Markets is permitted by law to share information with its affiliates. All of our affiliates follow similar privacy policies.
For reasons such as improving personalization of our service, we might receive information about you from other sources and add it to our account information.
Generational Group may license the use of its intellectual property including but not limited to its name, likeness, and logo for the use of affiliated offices. Such affiliated offices may not be owned, controlled, managed, supervised or staffed by employees, officers, or agents of Generational Group. Affiliated offices may be independently owned and operated. For more information about a particular office, please contact Generational Group at its office in Dallas, Texas.
This page may contain other proprietary notices and copyright information, the terms of which must be observed and followed.
Information on this web site may contain technical inaccuracies or typographical errors. Information may be changed or updated without notice. Generational Group may also make improvements and/or changes in the products and/or the programs described in this information at any time without notice.
Generational Group does not want to receive confidential or proprietary information from you through our web site. Please note that any information or material sent to Generational Group will be deemed NOT to be confidential. By sending Generational Group any information or material, you grant Generational Group an unrestricted, irrevocable license to use, reproduce, display, perform, modify, transmit and distribute those materials or information, and you also agree that Generational Group is free to use any ideas, concepts, know-how or techniques that you send us for any purpose.
Our computer system protects personal information using advanced firewall technology.
Information Generational Group publishes on the World Wide Web may contain references or cross references to other products, programs and services that are not announced or available in your country. Such references do not imply that Generational Group intends to announce such products, programs or services in your country. Consult a Generational Group representative for information regarding the products, programs and services which may be available to you.
Generational Group makes no representations whatsoever about any other web site which you may access through this one. When you access a non-Generational Group web site, please understand that it is independent from Generational Group, and that Generational Group has no control over the content on that web site. In addition, a link to a non-Generational Group web site does not mean that Generational Group endorses or accepts any responsibility for the content, or the use, of such web site. It is up to you to take precautions to ensure that whatever you select for your use is free of such items as viruses, worms, Trojan horses and other items of a destructive nature.
IN NO EVENT WILL Generational Group BE LIABLE TO ANY PARTY OR ANY DIRECT, INDIRECT, SPECIAL OR OTHER CONSEQUENTIAL DAMAGES FOR ANY USE OF THIS WEBSITE, OR ON ANY OTHER HYPERLINKED WEBSITE, INCLUDING, WITHOUT LIMITATION, ANY LOST PROFITS, BUSINESS INTERRUPTION, LOSS OF PROGRAMS OR OTHER DATA ON YOUR INFORMATION HANDLING SYSTEM OR OTHERWISE, EVEN IF WE ARE EXPRESSLY ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.
Generational Capital Markets, Inc. ("GCM"), member FINRA/SIPC, is wholly owned by Generational Capital, LLC ("GC"). Both GCM and GC are affiliated with Generational Equity, LLC; and all part of the Generational Group of companies. This website is solely for general informational purposes and is not guaranteed by us to be accurate and complete statements of fact and should not be relied on as such. Opinions in this website constitute the current judgment of the author as of the date and its last update. The content of this website does not necessarily reflect the opinions of GCM, and is subject to change without notice, and GCM is not under any obligation to update or keep current any information contained herein. This website does not constitute any personal recommendations and does not take into account the specific investment objectives, financial situation or particular needs of the reader. The information contained in this website should not be construed as an offer, or a solicitation of an offer, to buy or sell any securities or other financial investments. The information presented should not and cannot be viewed as an indicator of future performance. To the extent permitted by law, GCM does not accept any liability arising from the use or retransmission of the information in this website.
Furthermore, all information contained within this website is the property of Generational Group.
Honored to be named a 4-time winner of Investment Banking Firm of the Year.
Over 50 awards and counting.
Sign up to receive regular email updates, industry-leading insights and details on complimentary M&A executive conferences in your area from our award-winning team
Success, you have been added to our list.