Behavioral Health Business May 13, 2024
The Sherman Oaks, California-based private equity firm Optimal Investment Group has acquired Orange, California-based autism therapy provider Spectrum Behavioral Therapies.
The terms of the deal were not disclosed. Spectrum Behavioral Therapies plans to use the investment to expand its reach and enhance services. The acquisition is the first investment Optima Investment Group has made in the behavioral health space, according to a review of its public portfolio.
The funds from the investment will specifically be used to expand Spectrum Behavioral Therapies’ footprint, technology infrastructure and workforce.
Spectrum Behavioral Therapies works with children and young adults. The company offers applied behavior analysis (ABA), speech therapy, and occupational therapy, to children with autism up to age 18. Older patients receive community-based ABA,...
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