Behavioral Health Business November 13, 2021
Outpatient mental health services provider Geode Health is expected to announce its first deal in the first half of 2022, according to sources close to the company.
If the deal comes through quickly enough, Geode will have behavioral health operations within a year of KKR & Co. Inc. creating and launching the company with one of its funds that cuts equity-investment checks in the $100 million to $200 million range.
The New York City-based global investment firm announced it was going to break into the behavioral health space by building its own company in June. Geode Health’s focus at the outset of its formation is on outpatient mental health services for adults and children in the U.S. but doesn’t...