Blue Sprig Pediatrics, Inc. (“BlueSprig”) along with Florida Autism Center and Fusion Autism Center (together, “FAC”) announced Thursday a transformative partnership to create a top-five national provider and the leading provider in the Southern United States of Applied Behavior Analysis (“ABA”) therapy services treating children with Autism Spectrum Disorder (“ASD”). Terms of the transaction were not disclosed. The transaction follows a period of transformative growth for BlueSprig, which was formed in 2017 with the backing of KKR. Upon completion of the merger, BlueSprig and FAC will serve more than 1,800 families at nearly 110 clinics across 13 states. The combined company will have a leading position in the Southern United States, including the states of Florida, Georgia, Oklahoma, and Texas. KKR is providing new capital from its Health Care Strategic Growth Fund to fund the merger and support the continued growth of the combined company.
Read the full article: BlueSprig and FAC Partner to Build a National Leader in ABA Therapy Services //