Buyer: CM Counsel
Seller: Savia Community Counseling Services
Sector: Behavioral Health
Keywords: CM Counsel, Savia Community Counseling Services
CM Counsel Management to expand staff, services and market reach
PHILADELPHIA – CM Counsel Management LLC, a leading outpatient behavioral health platform, is pleased to announce its strategic partnership with Savia Community Counseling
Services LLC (hereinafter “Savia”), a provider of in-home behavioral healthcare services in New Jersey. The strategic partnership will include further investments into Savia’s practice including
hiring additional clinicians, bolstering the IT infrastructure, adding additional training capabilities, refining the compliance toolkit, and most notably, the development of a comprehensive outpatient behavioral health agency serving all age populations throughout New Jersey.
Savia will continue to operate under its existing brand name. CM Counsel Management, which also manages the non-clinical business functions of behavioral health centers in the
Philadelphia metropolitan area, will oversee Savia’s operations, finances and marketing initiatives. Savia is noted for its Intensive In-home Counseling, a community-based intervention that
provides behavioral health treatment services to children and families. Savia, with headquarters in Lodi, New Jersey, provides services to families in New Jersey’s Bergen, Essex, Hudson, Morris,
Passaic, Sussex, and Union counties. “Savia’s community-based behavioral healthcare services are provided to “at-risk” children and families and are of great value to New Jersey communities,” said Jordan Klear, CM Counsel Management Chairman and CEO.
Savia has more than 50 licensed social workers, counselors, and behavioral assistants who provide a wide range of individual and family therapies and interventions. Savia provides treatments for a diverse range of conditions, including ADHD/ADD, anxiety, anger management, bipolar disorders, depression, family conflicts, grief, obsessive-compulsive disorders (OCD), substance abuse, trauma and other mental health disorders, including youth disorders such as child neglect and abuse, school truancy, and family/child conflict. “The Savia family welcomes the support and guidance of CM Counsel Management,” said Sakima Gonzalez, SCCS Executive Director. “Demand for our services has never been higher and CM Counsel Management’s investments and expertise will allow us to better serve our communities.”
CM Counsel Management LLC, is led by Chairman and CEO Jordan Klear. The firm also manages CM Counsel, Inc., a leading outpatient behavioral health practice with three locations in the
Philadelphia area. CM Counsel Management’s goal is to fuel stable, long-term growth for outpatient behavioral health practices while preserving their core mission and values.
The M&A market for healthcare companies continues to strengthen in 2021. 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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