M&A Deal Summary

SimpleTherapy Acquires Halcyon Behavioral

On March 29, 2023, SimpleTherapy acquired healthcare services company Halcyon Behavioral

Acquisition Highlights
  • This is SimpleTherapy’s 2nd transaction in the Healthcare Services sector.
  • This is SimpleTherapy’s 2nd transaction in the United States.
  • This is SimpleTherapy’s 2nd transaction in California.

M&A Deal Summary

Date 2023-03-29
Target Halcyon Behavioral
Sector Healthcare Services
Buyer(s) SimpleTherapy
Deal Type Add-on Acquisition

Target

Halcyon Behavioral

Fresno, California, United States
Halcyon Behavioral is a behavioral health and wellness company serving employers throughout the U.S. Halcyon's services include carve-out mental health and substance use disorder (MHSUD) benefit administration, Employee Assistance Programs (EAP) and wellness programs. Halcyon Behavioral was founded in 2012 is based in Fresno, California.

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Buyer(S) 1

Buyer

SimpleTherapy

Fresno, California, United States

Category Company
Founded 2011
Sector Healthcare Services
DESCRIPTION

SimpleTherapy is a digital musculoskeletal (MSK) pain recovery & mental health solution for employers and health plans to offer their employees and members. SimpleTherapy was founded in 2011 and is based in Fresno, California.


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: California M&A 2 of 2
Country: United States M&A 2 of 2
Year: 2023 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-03-29 PhysMetrics

Fresno, California, United States

PhysMetrics is a MSK company that serves employers throughout the U.S. PhysMetrics' services include carve-out MSK benefit administration and provides supplemental chiropractic and acupuncture benefit programs. PhysMetrics' nationwide provider network includes Physical Therapists, Occupational Therapists, Speech Language Pathologists, Chiropractors and Acupuncturists. PhysMetrics was founded in 2007 and is based in Fresno, California.

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