Behavioral Health Business May 20, 2024
Caravel Autism Health is working on a deal with the private equity firm GTCR, according to several industry sources.
The news service Mergermarket reported that Green Bay, Wisconsin-based Caravel Autism Health was nearing a deal with GTCR earlier in the month. Several other industry sources have shared similar information with Autism Business News.
Earlier in the year, GTCR acquired the medical software company Cloudbreak Health from UpHealth Inc. for $180 million.
GTRC’s move into behavioral health through Caravel Autism Health would be a shakeup in the autism therapy industry. While ABN has tracked smaller platform deals as the basis for entry into the market, big-dollar trades of developed companies have become increasingly rare.
Caravel Autism Health operates 62 locations in...
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