M&A Deal Summary

Beacon Specialized Living Acquires Community Concepts

On July 17, 2024, Beacon Specialized Living acquired consumer services company Community Concepts

Acquisition Highlights
  • This is Beacon Specialized Living’s 2nd transaction in the Consumer Services sector.
  • This is Beacon Specialized Living’s 2nd transaction in the United States.
  • This is Beacon Specialized Living’s 1st transaction in Virginia.

M&A Deal Summary

Date 2024-07-17
Target Community Concepts
Sector Consumer Services
Buyer(s) Beacon Specialized Living
Deal Type Add-on Acquisition
Advisor(s) The Braff Group (Financial)

Target

Community Concepts

Dumfries, Virginia, United States
Community Concepts provides residential, behavior consultation, and crisis support services to persons with intellectual and developmental disabilities. Community Concepts was founded in 2008 and is based in Dumfries, Virginia.

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Buyer(S) 1

Buyer

Beacon Specialized Living

Kalamazoo, Michigan, United States

Category Company
Founded 1998
Sector Healthcare Services
DESCRIPTION

Beacon Specialized Living provides behavioral healthcare through specialized residential adult foster care (AFC) facilities and community living service apartments in 30 locations across western and northern Michigan. The company serves developmentally disabled, mentally ill, and autistic adults, as well as those challenged with substance abuse, addiction, dementia, and Alzheimer’s, in a behavioral healthcare setting. Beacon Specialized Living was founded in 1998 and is based in Kalamazoo, Michigan.


DEAL STATS #
Overall 2 of 2
Sector (Consumer Services) 2 of 2
Type (Add-on Acquisition) 2 of 2
State (Virginia) 1 of 1
Country (United States) 2 of 2
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-24 Owakihi

West St. Paul, Minnesota, United States

Owakihi, Inc. is a provider of home and community-based support services to individuals with intellectual and developmental disabilities (I/DD) and mental health needs, focusing on personalized care. Owakihi, Inc. was founded in 1978 and is based in West St. Paul, Minnesota.

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