Add-on Acquisition • Healthcare Services

MindCare Solutions Acquires Psych360

On August 29, 2022, MindCare Solutions acquired healthcare services company Psych360

Acquisition Context
  • This is MindCare Solutions’ 3rd transaction in the Healthcare Services sector.
  • This is MindCare Solutions’ 3rd transaction in the United States.
  • This is MindCare Solutions’ 1st transaction in Ohio.

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M&A Deal Summary

Date August 29, 2022
Target Psych360
Sector Healthcare Services
Buyer(s) MindCare Solutions
Deal Type Add-on Acquisition

Target Company

Psych360

Medina, Ohio, United States
Psych360 provides comprehensive mental health solutions to long-term care facilities including skilled nursing homes, assisted living communities, and group homes. Psych360 is based in Medina, Ohio.
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Buyer Overview 1

Buyer

MindCare Solutions

Brentwood, Tennessee, United States

Category Company
Founded 2013
Sector Healthcare Services
DESCRIPTION

MindCare Solutions is a provider of telepsychiatry and telebehavioral health services. MindCare partners with healthcare organizations to deliver best-in-class, end-to-end telebehavioral health services that combine evidence-based care pathways, an advanced technology platform and high-quality providers. MindCare Solutions was founded in 2013 and is based in Brentwood, Tennessee.


Deal Context for Buyer #
Overall 3 of 3
Sector: Healthcare Services 3 of 3
Type: Add-on Acquisition 2 of 2
State: Ohio 1 of 1
Country: United States 3 of 3
Year: 2022 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-16 Tri County Psyc

Orlando, Florida, United States

Tri County Psyc offers a wide range of telebehavioral health care and telepsychiatry services across the Orlando Metro area. Tri County Psyc is based in Orlando, Florida.

Buy -