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  6. ncgCARE Acquires Therapeutic Interventions

M&A Deal Summary

ncgCARE Acquires Therapeutic Interventions

On January 30, 2019, ncgCARE acquired healthcare services company Therapeutic Interventions

Acquisition Highlights
  • This is ncgCARE’s 2nd transaction in the Healthcare Services sector.
  • This is ncgCARE’s 2nd transaction in the United States.
  • This is ncgCARE’s 1st transaction in Virginia.

M&A Deal Summary
Date 2019-01-30
Target Therapeutic Interventions
Sector Healthcare Services
Buyer(s) ncgCARE
Deal Type Add-on Acquisition

Target

Therapeutic Interventions

Belle Haven, Virginia, United States
Therapeutic Interventions, Inc. is a mental health and foster care agency based in Exmore on the Eastern Shore. It is the mission of Therapeutic Interventions to build better communities by empowering consumers and maximizing their social, emotional and academic potential. We work to improve attendance and to enhance academic performance, problem-solving, conflict resolution, and anger management skills. The primary emphasis is collaboration, as a team, with the family, school, and community.

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Buyer(S) 1

Buyer

ncgCARE

Richmond, Virginia, United States
Category Company
Founded 1993
Sector Healthcare Services
DESCRIPTION

ncgCARE is a provider of community-based and outpatient mental health services. Through its network of providers, the Company’s core service lines include: Children and Adult home and school-based services for children, Outpatient Psychiatric and Therapy services for mental health and substance use disorders, and Therapeutic Foster Care services. ncgCARE was founded in 1993 and is based in Richmond, Virginia.

DEAL STATS #
Overall 2 of 2
Sector: Healthcare Services M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
State: Virginia M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2019 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-30 Carolina Outreach

Durham, North Carolina, United States

Carolina Outreach is a provider of high-quality mental health services across the state of North Carolina. We focus on meeting the child and family where they are, assuming positive intent and focusing on strengths, some visible and some yet undeveloped. Our goal is to empower our clients to be in charge of their own treatment when possible, to empower our clients’ parents or guardian to be the decision makers for their families and to eventually make enough progress in treatment to get to a place where relying on professional support to function successfully is not needed.

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