‘In Marriage, You Can Get Divorced’: The Hidden Complexities of Selling a Behavioral Health Business

Behavioral Health Business November 1, 2024
Matthew Blake

Finding a buyer for your behavioral health company is similar to marriage, except there’s more commitment.

“It’s not like marriage, because in marriage, you can get divorced, and in this, I think, it might be a little messy,” said Sam Himelstein, the co-founder and CEO of Family Spring, a mental health treatment company based in Oakland, California.

Himelstein spoke about overlooked considerations of behavioral health transactions at the Behavioral Health Business INVEST conference in October.

While Himelstein and a partner are building their business with no immediate plans for an exit, contemplating Family Spring’s future is always top of mind, he explained. During the panel, he was joined by Joshua Rosenthal, who sold the company he founded, Manhattan Psychology Group,...

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