Behavioral Health Business November 17, 2023
Fulcrum Equity Partners has acquired substance use disorder (SUD) treatment provider Defining Wellness Centers. The purchase comes after a multi-year search for an asset in the addiction treatment space.
The investment will spearhead Jackson, Mississippi-based Defining Wellness Center’s growth and further Fulcrum Equity Partners’ behavioral health presence.
Atlanta-based Fulcrum invests in health care services and B2B tech companies seeking between $5 million and $30 million of equity.
The growth equity firm considers around 1,200 deals a year and closes around three, Fulcrum partner Tom Greer told Behavioral Health Business. Defining Wellness, with its 26-acre campus, “checked a lot of boxes” to lead Fulcrum to sign off on the deal.
Defining Wellness has around 95 to 100 patients a month and...
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