M&A Deal Summary

Harbour Point Capital Acquires Array Behavioral Care

On November 28, 2018, private equity firm Harbour Point Capital acquired healthcare services company Array Behavioral Care

Acquisition Highlights
  • This is Harbour Point Capital’s 3rd transaction in the Healthcare Services sector.
  • This is Harbour Point Capital’s 3rd transaction in the United States.
  • This is Harbour Point Capital’s 1st transaction in New Jersey.

M&A Deal Summary

Date 2018-11-28
Target Array Behavioral Care
Sector Healthcare Services
Buyer(s) Harbour Point Capital
Deal Type Recapitalization

Target

Array Behavioral Care

Mount Laurel, New Jersey, United States
Array Behavioral Care is a telepsychiatry service provider with a mission to increase access to quality behavioral health care through telehealth. Array Behavioral Care providers bring care into any setting on an on-demand or scheduled basis. Array Behavioral Care has two decades of telepsychiatry experience and is an industry thought-leader. Array Behavioral Care is based in Mount Laurel, New Jersey.

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Buyer(S) 1

DESCRIPTION

Harbour Point Capital is a sector focused private equity firm focused on the healthcare industry. The Firm looks to invest $20 to $100 million in a variety of situations including outright acquisitions, growth capital financings, shareholder liquidity, or carve-outs. Specific areas of interest include primary care, outpatient services, consumer-centered services and outsourced clinical services. Harbour Point Capital was formed in 2015 and is based in Greenwich, Connecticut.


DEAL STATS #
Overall 3 of 5
Sector (Healthcare Services) 3 of 5
Type (Recapitalization) 1 of 1
State (New Jersey) 1 of 1
Country (United States) 3 of 5
Year (2018) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-30 Aligned Modern Health

Chicago, Illinois, United States

Aligned Modern Health is a provider of retail-based health and wellness services. Aligned Modern Health is a patient-centered approach that delivers multiple specialties and treatment options under one roof to help empower the patient – as a whole person – to heal faster, more effectively, and with fewer side effects. Aligned Modern Health was founded in 2010 and is based in Chicago, Illinois.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-08-05 Oak Street Health

Chicago, Illinois, United States

Oak Street Health is a growing and innovative population health business operating primary care clinic focused on Medicare beneficiaries. Oak Street Health was founded in 2012 and is headquartered in Chicago, Illinois.

Sell -