Buyer: Baird Capital
Seller: ReMed Recovery Care Centers
Sector: TBI - traumatic brain injury - Mental & Behavioral Health
Baird Capital acquired an interest in ReMed Recovery Care Centers. ReMed is a top-five national provider of treatment for individuals with traumatic brain injury (TBI) and number one in the Mid-Atlantic market.
Headquartered in Paoli, PA, ReMed was founded in 1984 under the single premise that individuals with brain injuries have the potential to return to a life that is meaningful and productive. Today, ReMed serves over 300 individuals in the states of Pennsylvania, New Jersey, Maryland and Louisiana in short-term, long-term and outpatient programs. With this investment, ReMed is well positioned for continued growth, geographically and clinically.
ReMed has an exceptional leadership team with a reputation for clinical quality in the TBI field.
As part of the transaction Baird Capital Partner Mike Bernstein, Operating Partner Rich Neff and Principal John DiGiovanni will join the Board of Directors.
What does this transaction mean for the strategic options for your healthcare business?
For more information, contact Paragon Ventures at 800-719-1555 or visit us at www.paragonventures.com