Behavioral Health Business November 2, 2023
Havencrest Capital Management is doubling down on its Texas-based behavioral health efforts, announcing a new acquisition.
Austin, Texas-based Deep Eddy Psychotherapy Management LLC acquired Dallas-based Dallas Counseling Treatment Center Management in August. The move is something of an exception to Havencrest’s de-novo-focused plan for Deep Eddy. But it fits well with the Dallas-based PE firm’s approach to behavioral health.
“We’ve been very heavily focused on the extreme access issues in mental health,” Matt Cline, senior associate for Havencrest, told Behavioral Health Business. “We feel like we have a strong conviction for and see an absolute need for various types of [behavioral health].”
Deep Eddy started out as a family-owned business whose history traces back to 1984. Charlotte Howard served as...
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