Orchard Mental Health Group has quadrupled its footprint by
acquiring two companies.
Formerly known as Quince Orchard Psychotherapy, Orchard Mental
Health Group now operates eight locations after adding GBCC
Behavioral Health and Oasis Behavioral Health Urgent Care to its
footprint. These two entities collectively operate six locations
with over 80 clinicians. As part of the deal, GBCC acquired
Oasis, then Orchard Mental Health Group acquired the combined
entity.
Orchard Mental Health Group was founded in 2015 by Dr. Carrie
Singer who also leads the company as CEO. The company offers
in-person and virtual therapy, medication management, diagnostics
and psychiatric services. Private equity firm the Graham Group.
The firm invested in Orchard Mental Health Group in early 2023
<https://bhbusiness.com/2023/0
practice-quince-orchard-psycho
m-family-office/> . At the time The Graham Group invested in
Orchard Mental Health Group, Singer said her company would
consider M&A.
“We are also open to adding other similar mental health clinics
to our network to build a large, high-quality insurance-based
provider group in the DC-MD-VA region where out-of-network
practice has unfortunately become the norm,” Singer said at the
time. “In a time where PE-backed aggregation and consolidation
seems to be the only way to get a “seat at the table” in managed
care contracting, the opportunity to lead a clinically-oriented
growth effort that really values the worth of therapists is our
guiding drive.”
Orchard is now following through with its expansion plans with
the acquisitions of GBCC Behavioral Health and
Oasis Behavioral Health Urgent Care.
GBCC Behavioral Health, founded in 1996, offers group and
individual counseling, medication management and evaluation
services.
Oasis Behavioral Health Urgent Care, founded in 2005, operates
one location in Annapolis, Maryland. It also offers group and
individual services.
All three entities operate and are located throughout the greater
Washington D.C. metro. The combined company treats pediatric
through geriatric patients, according to their websites.
The deal continues a string of acquisitions that have defined the
earliest days of 2025. Earlier this week, two
clinician-entrepreneurs merged their several behavioral health
organizations to create Well Behavioral Health.
The M&A market for healthcare companies continues to build on STRATEGIC opportunities and a fragmented market. Consolidations along with unprecedented demand are driving scale across the continuum of care. The strategic corporate buyers and private equity investors remain committed to acquiring strong businesses that are well prepared for a transaction. Across the continuum of care, these buyers and investors are looking for well established, profitable businesses and offering prime valuations and options for management.
Do you know the current market value of your business? We do! We are here to help you plan, prepare, explore and succeed in executing your strategic options.
Contact Paragon Ventures for more information.
800-719-1555
