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Details

Highly Profitable Behavioral Health and ABA Services Company in Northern Louisiana
State:
Louisiana
Category:
Behavioral Health, I/DD, & ABA
Asking Price:
$20,000,000
Revenue:
$6,900,000
Listing Code:
LABH1A
Our firm is pleased to introduce a licensed Behavioral Health Services company for sale based in Northern Louisiana. The company has been in business since 2007 and has developed a reputation as one of the premier providers of a variety of behavioral health therapies in the region. The company has multiple divisions and treats children and adults of all ages. This behavioral health company in Louisiana’s services include Occupational Therapy, Physical Therapy, Psychological Therapy, Speech Therapy, Autism Therapy, Psychiatric Care, and Family and Individual Counseling.

The company is in-network with some of the largest providers and has a payer mix of roughly 99% in-network insurance and 1% private pay. In ABA services, about 80% of their in-network contracts are billed through Medicaid. Their Counseling and Pediatric services charge approximately 85% through private insurance and 15% through Medicaid.

In 2019, this ABA therapy company in Louisiana grossed $10.8 million in revenue with an EBITDA of $1.2 million. In 2020, the company was hit hard by the pandemic, but they still managed to finish the year strong with gross revenue of $5.2 million and $16,000 in EBITDA (.3%). Recently, the company has had a tremendous turnaround, generating trailing twelve months’ (June 21’-May 22’) revenue of $6.9 million with an adjusted EBITDA of $1.8 million.

All employees are expected to stay on under new ownership, and management is in place to take over the seller’s responsibilities. The seller is also available to stay on for a period in some capacity post-acquisition.

The asking price for this behavioral health and ABA therapy company in Louisiana is $20 million.

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Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.