Acorn Health, a national provider of Applied Behavior Analysis (ABA) therapy for children diagnosed with Autism Spectrum Disorder (ASD), has announced the acquisition of substantially all of the assets of LEAP Behavior Analysis. The acquisition of LEAP expands Acorn Health’s presence in Tennessee and furthers its mission of providing high-quality, center-based ABA therapy services to children diagnosed with autism. LEAP, formerly known as JKP Analysts, operated two clinics, one located in Cookeville, TN and one located in Cleveland, TN. The Company is now a wholly-owned subsidiary of Acorn Health of Tennessee, and will operate under the Acorn Health brand.
“We are excited to welcome LEAP into the Acorn Health network of high-quality ABA centers,” said Vicki Kroviak, CEO of Acorn Health. “Tennessee is a very important market for us, and the addition of the LEAP team will allow us to deliver best-in-class ABA services to more families in need in the Cookeville and Cleveland areas. We believe this partnership will help further our goal of increasing access to ABA therapy for families in need.”
The M&A market for healthcare companies continues to strengthen in 2021 and ahead of the projected increases in US capital gains taxes. There is unprecedented capital in market, the lowest interest rates in US history and strong acquirer motivations for high quality healthcare companies. Across the continuum of care, buyers and investors are looking for well established, profitable businesses and offering strong valuations and options for management.
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