LifeStance Health (LifeStance), a leading provider of outpatient behavioral health services in the United States, announced today that TPG Capital will join existing investors, Summit Partners and Silversmith Capital Partners, in a partnership to support the company in expanding patient access to high-quality outpatient behavioral health services.LifeStance offers a range of outpatient behavioral health services, delivered both in-person and through telemedicine. The company focuses on creating and expanding low-cost outpatient access for patients seeking care for behavioral health conditions, on a commercially insured, in-network basis. LifeStance has approximately 2,000 behavioral health clinicians across 15 states and 200 offices, with more than 1 million patient visits annually. Reporting from PE Hub indicates that the deal assigns a value of $1.2 billion to LifeStance.
Read the full article: LifeStance Health Partners with TPG, Summit Partners, and Silversmith to Expand Behavioral Health Access //
Source: https://tpggloballlc.gcs-web.com/news-releases/news-release-details/lifestance-health-partners-tpg-summit-partners-and-silversmith