Bregal Partners Announces Acquisition of US Community Behavioral, LLC
Leading Middle Market Private Equity Firm Creates Platform in Community-based Behavioral Health Sector
NEW YORK, Sept. 5, 2013 /PRNewswire/ -- Private investment firm Bregal Partners has announced that it has acquired US Community Behavioral, LLC as a platform in the community-based behavioral health sector. The acquisition was made in partnership with management. US Community Behavioral is a leading multi-state provider of community-based residential and behavioral services to adults and children with intellectual and developmental disabilities in the western United States.
"US Community Behavioral will serve as a platform investment in what has been a targeted area of focus for us," said Robert Bergmann, managing partner and co-founder of Bregal Partners. "With leadership from an excellent management team, we expect to build on USCB's reputation for clinical excellence and market leadership. We anticipate aggressive growth for the business, organically and through continued acquisitions, in an effort to create a national provider that retains a local focus in delivering high quality care to its clients."
US Community Behavioral CEO Martin Favis added, "This marks the beginning of an exciting new era for our organization as a strong, well-capitalized platform positioned for expansion. Equally importantly, Bregal understands the importance of the care that we provide and is committed to helping us maintain our clinical focus as we grow the business together. We're extremely pleased to announce our partnership."
Cain Brothers & Company represented US Community Behavioral. Bregal Partners was represented by Dechert LLP.
About US Community Behavioral
Community Behavioral is a leading multi-state provider of community-based residential and behavioral services to adults and children with intellectual and developmental disabilities in the western United States. The company provides a full continuum of services including supported living, licensed homes, employment services, as well as autism and other therapy-based behavioral services. The Company is recognized as a best-in-class provider within the large, community-based I/DD services industry.
About Bregal Partners
Bregal Partners is a private investment firm that partners with management teams to build industry leading companies in the middle market. Areas of focus include consumer, food and retail, energy services, and healthcare. The firm operates as the investing arm for Cofra Holding AG, a family holding company with a history dating back to 1841. With $500 million in committed capital, Bregal is one of several dedicated funds under the Bregal Investments umbrella, which has invested or committed over $9 billion since 2002. For more information on Bregal Partners, visit www.bregalpartners.com.
SOURCE Bregal Partners
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