M&A Deal Summary

City Line Behavioral Healthcare Acquires Life of Purpose

On September 13, 2018, City Line Behavioral Healthcare acquired healthcare services company Life of Purpose

Acquisition Highlights
  • This is City Line Behavioral Healthcare’s 1st transaction in the Healthcare Services sector.
  • This is City Line Behavioral Healthcare’s 1st transaction in the United States.
  • This is City Line Behavioral Healthcare’s 1st transaction in Florida.

M&A Deal Summary

Date 2018-09-13
Target Life of Purpose
Sector Healthcare Services
Buyer(s) City Line Behavioral Healthcare
Deal Type Add-on Acquisition

Target

Life of Purpose

Boca Raton, Florida, United States
Life of Purpose Treatment program provides services specifically designed to assist emerging adults who have a desire to focus on their education, vocational training or professional development. Life of Purpose was formed in 2013 and is based in Boca Raton, Florida.

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Buyer(S) 1

Buyer

City Line Behavioral Healthcare

Fort Washington, Pennsylvania, United States

Category Company
Sector Healthcare Services
DESCRIPTION

City Line Behavioral Healthcare was created by Fulcrum Equity Partners as the holding company to own its current and future behavioral healthcare assets. City Line Behavioral Healthcare provides the opportunity to identify, acquire and own other behavioral healthcare companies to meet similar and growing needs in other communities. City Line Behavioral Healthcare is based in Fort Washington, Pennsylvania.


DEAL STATS #
Overall 1 of 1
Sector: Healthcare Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Florida M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2018 M&A 1 of 1