Q1 2024 Autism Services Update
Q1 2024 Autism Services Update
Transaction activity in the autism services space continued its sluggish pace with three closed transactions in the quarter, representing a significant decrease year over year. However, two of the three closed transactions represented new platform creations from private equity firms, signaling continued outside investor interest and the potential for a strong year of add-on activity. Provident also attended the Autism Investor Summit in early April 2024, which had the largest attendance to date (100+ from 2023), further confirming this viewpoint.
In January, Behavioral Framework, a Mid-Atlantic based provider of ABA therapy, was recapitalized by Renovus Capital (“Renovus”). Renovus plans to expand Behavioral Framework’s footprint to further grow and enhance autism services in new and existing states. Additionally, Fletch Equity established Autism Spectrum Interventions (“ASI”) as a new platform investment. ASI operates in Southern California today but plans to accelerate expansion throughout California and adjacent states.
To print and download the full Autism Services Update report, please click below…
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