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$9.3 Million Revenue Community Integration Services Provider in Arizona
Behavioral Health, I/DD, & ABA
Our firm is pleased to introduce a peer-driven specialty provider of Community Integration Services for sale in Arizona. The company assists communities in developing their own culturally specific, peer-run behavioral health programs. They currently operate from 4 licensed facilities with plans to open several more. The facilities were designed to support persons in their recovery from psychiatric disorders, including clients who have been determined to have a serious mental illness and/or an addictive disorder. They work in partnership with clinical providers, existing peer programs, government agencies, and community resources, and they have been a leader in jail re-entry and recidivism services for many years. Client services include counseling, peer support, skills training, pre-employment, and Therapeutic Day Programs. Clients are treated in outpatient facilities, in the community, and in the home.
The company’s business is 100% Medicaid, and they are contracted with all major insurance companies. Revenues have shown steady growth over the past few years. They grossed $4.3 million in 2019, $6 million in 2020, and nearly $7 million in 2021 with an adjusted EBITDA of $1.53 million (22%). They are on track to achieve significant growth in both top and bottom line numbers in 2022 with a projection to hit $9.3 million with an adjusted EBITDA of around $2.5 million.
There is a full complement of staff that is expected to stay on. The owners intend to retire but will assist during a transitional period.
The asking price for this opportunity is $15 million.
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.