M&A Deal Summary

Modern Recovery Services Acquires SpringBoard Recovery

On April 6, 2022, Modern Recovery Services acquired healthcare services company SpringBoard Recovery

Acquisition Highlights
  • This is Modern Recovery Services’ 1st transaction in the Healthcare Services sector.
  • This is Modern Recovery Services’ 1st transaction in the United States.
  • This is Modern Recovery Services’ 1st transaction in Arizona.

M&A Deal Summary

Date 2022-04-06
Target SpringBoard Recovery
Sector Healthcare Services
Buyer(s) Modern Recovery Services
Deal Type Add-on Acquisition

Target

SpringBoard Recovery

Scottsdale, Arizona, United States
SpringBoard Recovery is an operator of drug and alcohol rehabilitation facilities. SpringBoard Recovery was founded in 2014 and is based in Scottsdale, Arizona.

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Buyer(S) 1

Buyer

Modern Recovery Services

Tempe, Arizona, United States

Category Company
Sector Healthcare Services
DESCRIPTION

Modern Recovery Services offers a range of professional treatment, services, and programs to assist people with specific behavioral health issues, such as substance misuse disorders, mental health disorders, eating disorders, those recovering from trauma, and crisis intervention. Modern Recovery Services is based in Tempe, Arizona. Modern Recovery Services is based in Tempe, Arizona.


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: Arizona M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2022 M&A 1 of 1