M&A Deal Summary

Civitas Solutions Acquires D&S Community Services

On February 22, 2021, Civitas Solutions acquired consumer services company D&S Community Services from Comvest Partners

Acquisition Highlights
  • This is Civitas Solutions’ 2nd transaction in the Consumer Services sector.
  • This is Civitas Solutions’ 14th transaction in the United States.
  • This is Civitas Solutions’ 2nd transaction in Texas.

M&A Deal Summary

Date 2021-02-22
Target D&S Community Services
Sector Consumer Services
Buyer(s) Civitas Solutions
Sellers(s) Comvest Partners
Deal Type Add-on Acquisition

Target

D&S Community Services

Austin, Texas, United States
D&S Community Services emphasizes exceptional quality services and innovation and offers a broad array of home and community-based services specially designed to help individuals with I/DD realize a life of independence and self-determination. D&S Community Services was founded in 1991 and headquartered in Austin, Texas.

Search 215,058 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Civitas Solutions

Boston, United States

Category Company
Founded 1980
Sector Healthcare Services
Employees22,300
Revenue 1.5B USD (2017)
DESCRIPTION

Civitas Solutions is a provider of home- and community-based health and human services to must-serve individuals with intellectual, developmental, physical or behavioral disabilities and other special needs. Since our founding in 1980, we have evolved from a single residential program to a diversified national network offering an array of quality services in 36 states. Civitas Solutions was founded in 1980 and is based in Boston, Massachusetts.


DEAL STATS #
Overall 14 of 14
Sector: Consumer Services M&A 2 of 2
Type: Add-on Acquisition M&A Deals 13 of 13
State: Texas M&A 2 of 2
Country: United States M&A 14 of 14
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-22 Just Family

Lexington, Kentucky, United States

Just Family provides a range of person-centered day services to elders, including personal care, medication management, and nutritional and nursing support. Just Family is based in Lexington, Kentucky.

Buy -

Seller(S) 1

SELLER

Comvest Partners

West Palm Beach, Florida, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2000
PE ASSETS 16.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION
Comvest Partners' headquarters in West Palm Beach, Florida.
Comvest Partners' headquarters in West Palm Beach, Florida.

Comvest Partners is a private investment firm that provides equity and debt capital to middle-market companies across North America. Comvest funds a variety of investment situations, including buyouts, divestitures, recapitalizations, consolidations, take privates, and turnarounds. Sectors of interest include business services, information services, education, financial services, healthcare services, software, IT, and transportation. For equity investments, Comvest prefers control and looks to invest $50 to $150 million per transaction. For debt needs, Comvest seeks to provide $25 to $250 million per transaction. Comvest Partners was formed in 2000 and is based in West Palm Beach, Florida.


DEAL STATS #
Overall 36 of 42
Sector: Consumer Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 20 of 23
State: Texas M&A 5 of 5
Country: United States M&A 36 of 42
Year: 2021 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-21 IMC Health Medical Centers

Miami Lakes, Florida, United States

IMC Health Medical Centers is a provider of primary care and specialty services to Medicare, Medicaid and commercial populations through 19 medical centers in Florida. IMC delivers high-quality medical care to thousands of members for numerous managed care organizations. IMC Health Medical Centers was founded in 2004 and is based in Miami Lakes, Florida.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-08 Leixir Dental Group

Oldsmar, Florida, United States

Leixir Dental Group operates a network of full-service dental laboratories which offer a complete range of dental products, including crowns and bridges, implants, surgical guides, and dentures, among other dental products. Leixir Dental Group was founded in 2013 and is based in Oldsmar, Florida.

Buy -