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Merakey and Boundless Affiliate to Form a $1 Billion Nonprofit in Human Services. Their Parent-Affiliate Model Aims to Scale Without Erasing Boundless’s Local Identity.

Merakey and Boundless Affiliate to Form a $1 Billion Nonprofit in Human Services. Their Parent-Affiliate Model Aims to Scale Without Erasing Boundless’s Local Identity.

by Ethan Webb | Jun 26, 2026 | M&A

Merakey and Boundless are affiliating into a $1 billion nonprofit, a test of whether human services providers can gain scale without losing local identity. Two large nonprofit providers serving people with intellectual and developmental disabilities and behavioral...

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