Behavioral Health Business October 18, 2023
KKR-backed autism therapy provider BlueSprig Pediatrics has acquired Lakewood, Colorado-based Trumpet Behavioral Health.
The deal, announced on Wednesday, also includes Trumpet Behavioral Health’s sub-brands, Therapeutic Pathways and The Behavior Center. BlueSprig purchased Trumpet from New York City-based WindRose Health Investors, which acquired the company in 2017.
The terms of the deal were not announced. Trumpet Behavioral Health operates 37 locations in seven states, according to its website. Before the deal, BlueSprig Pediatrics, headquartered in Houston, Texas, operated 137 centers in 15 states.
Both companies offer outpatient services for autism spectrum disorders, chiefly applied behavior analysis (ABA).
The deal represents one of the largest M&A deals in the autism therapy space in 2023. Several headwinds, notably high interest rates and inflation,...
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