M&A Deal Summary

Averhealth Acquires American Court Services

On October 5, 2020, Averhealth acquired business services company American Court Services

Acquisition Highlights
  • This is Averhealth’s 1st transaction in the Business Services sector.
  • This is Averhealth’s 2nd transaction in the United States.
  • This is Averhealth’s 1st transaction in Ohio.

M&A Deal Summary
Date 2020-10-05
Target American Court Services
Sector Business Services
Buyer(s) Averhealth
Deal Type Add-on Acquisition

Target

American Court Services

Canton, Ohio, United States
website
American Court Services provides criminal justice field court-mandated drug and alcohol testing and electronic monitoring across the state of Ohio. American Court Services was established in 1997 and is based in Canton, Ohio.

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Buyer(S) 1

Buyer

Averhealth

Richmond, Virginia, United States

website

Category Company
Founded 1995
Sector Healthcare Services
DESCRIPTION

Avertest is specialized in providing substance use monitoring services tailored to the unique needs of judicial programs that operate at the holistic intersection of justice-involved and behavioral health. Avertest was founded in 1995 and is based in Richmond, Virginia.

DEAL STATS #
Overall 2 of 3
Sector (Business Services) 1 of 1
Type (Add-on Acquisition) 2 of 3
State (Ohio) 1 of 1
Country (United States) 2 of 3
Year (2020) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-08-31 Treatment Assessment Screening Center

Phoenix, Arizona, United States

Treatment Assessment Screening Center, Inc. is a developer and implementer of drug testing and behavioral health programs. Treatment Assessment Screening Center was founded in 1977 and is based in Phoenix, Arizona.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-17 Aspenti Health

South Burlington, Vermont, United States

Aspenti Health is a healthcare company, that specializes in substance use monitoring and care coordination services for patients of physicians, treatment centers, and healthcare systems. Aspenti Health was founded in 2017 and is based in South Burlington, Vermont.

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