Petra is pleased to announce our investment in Turnwell Mental Health Network, a clinician-led, integrated mental health group specializing in local and affordable care. Alongside Leon Healthcare Partners and Patriot Capital, Petra provided debt and equity capital to help finance Turnwell’s acquisition of Scottsdale Mental Health & Wellness Institute. Headquartered in Dallas,TX, Turnwell operates freestanding outpatient clinics in Arizona and Montana, with a targeted growth strategy of partnering with clinicians and practices across the country. Across its multiple locations, Turnwell is able to provide individuals with a variety of mental health services including psychiatric evaluations, therapy, telemedicine, transcranial magnetic stimulation (TMS), and ketamine treatment. For more information on Turnwell, please visit: turnwellmentalhealth.com
About Petra Capital Partners
Petra Capital Partners is a private equity firm engaged in providing growth capital for companies located throughout the United States. Our investment team has an established track record of success spanning over 20 years and deploying more than $750 million of capital invested into more than 100 companies. We are seeking investments for our current SBIC fund, Petra Growth Fund IV. We can invest up to $20 million per company in equity or debt securities with a primary focus on backing high growth business services, tech-enabled services and healthcare services companies.
In 2023, the M&A market for healthcare companies continues to build on STRATEGIC opportunities in the current market. 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
