by Ethan Webb | Apr 25, 2026 | M&A
Key Takeaways The most common failure mode in multi-site behavioral health growth is not strategic. It is operational: providers expand before they have the financial stability or the talent infrastructure to support what they are adding. Cultural integration is the...
by Ethan Webb | Apr 15, 2026 | M&A
Key Takeaways Nonprofit behavioral health providers lack a consistent, repeatable method to benchmark financial health against peer organizations. Traditional advisory assessments are one-time, subjective, and offer no mechanism for systematic comparison. The CFHS...
by Ethan Webb | Apr 10, 2026 | M&A
Key Takeaways Deals do not usually fall apart because a behavioral health business is bad. They fall apart because the financial statements do not tell the story a buyer needs to read, and smaller operators often do not discover this until they are already in the...
by Ethan Webb | Apr 6, 2026 | M&A
Key Takeaways Mergium Advisors tracked 42 pediatric therapy M&A transactions in 2025, a 14 percent increase over 2024. Strategic buyers accounted for 38 percent of pediatric therapy deals in 2025, up from single digits in prior years. EBITDA multiples for small...
by Ethan Webb | Mar 25, 2026 | M&A
For much of the past decade, applied behavior analysis occupied an enviable position in the landscape of healthcare services. Demand for autism therapy far outstripped supply. Insurance mandates swept across state legislatures, compelling payers to cover treatment....