Behavioral Health Business October 19, 2023
The Center for Autism and Related Disorders’ (CARD) bankruptcy was bad news for investors placing big bets in the autism therapy space. But there are upsides for the company.
CARD’s new owners, Doreen Granpeeseh and Sangam Pant get a clean slate at the scaled autism therapy company. And it’s a company with which they are well acquainted. Granpeesheh founded the company. She was its CEO for all but a few years of its 32-year existence. Pant, Granpeesheh’s business partner, has advised and worked with the company for years.
About a month before closing, Granpeesheh and Pant set about remaking CARD’s finances. Granpeesheh personally threw herself into leadership and staffing efforts. She re-hired several ex-CARD executives. She also whittled down the...
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