M&A Deal Summary

The MENTOR Network Acquires Sage Care Therapy Services

On April 30, 2021, The MENTOR Network acquired healthcare services company Sage Care Therapy Services from ChanceLight

Acquisition Highlights
  • This is The MENTOR Network’s 1st transaction in the Healthcare Services sector.
  • This is The MENTOR Network’s 1st transaction in the United States.
  • This is The MENTOR Network’s 1st transaction in Texas.

M&A Deal Summary

Date 2021-04-30
Target Sage Care Therapy Services
Sector Healthcare Services
Buyer(s) The MENTOR Network
Sellers(s) ChanceLight
Deal Type Divestiture

Target

Sage Care Therapy Services

Dallas, Texas, United States
Sage Care Therapy Services is a provider of in-home pediatric therapy services to medically fragile patients who have special needs. Sage Care Therapy Services is based in Dallas, Texas.

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Buyer(S) 1

Buyer

The MENTOR Network

Boston, Massachusetts, United States

Category Company
Founded 1980
Sector Healthcare Services
DESCRIPTION

The MENTOR Network is a provider of home and community-based health care. The MENTOR Network was founded in 1980 and is based in Boston, Massachusetts.


DEAL STATS #
Overall 1 of 5
Sector: Healthcare Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 5
State: Texas M&A 1 of 1
Country: United States M&A 1 of 5
Year: 2021 M&A 1 of 5
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-13 Aacres

Rancho Cordova, California, United States

Aacres is a provider of individualized community support for people with developmental disabilities. Aacres believe that people can live in and contribute to their community when provided with appropriate support. Aacres was founded in 1974 and is based in Rancho Cordova, California.

Buy -

Seller(S) 1

SELLER

ChanceLight

Nashville, Tennessee, United States

Category Company
Founded 1999
Sector Healthcare Services
DESCRIPTION

ChanceLight is a provider of behavioral health and education solutions for children and young adults. ChanceLight Education includes an alternative education program, Ombudsman Educational Services, which partners with more than 115 school districts to serve at-risk students, and Spectrum Center Schools and Programs, which partners with more than 100 school districts to operate schools and programs for students with special needs. ChanceLight was founded in 1999 and is based in Nashville, Tennessee.


DEAL STATS #
Overall 1 of 1
Sector: Healthcare Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Texas M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-16 Sage Care Therapy Services

Dallas, Texas, United States

Sage Care Therapy Services is a provider of in-home pediatric therapy services to medically fragile patients who have special needs. Sage Care Therapy Services is based in Dallas, Texas.

Buy -