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Sanare Today Acquires Pace Addiction Program in Delaware

City: Wilmington, DE
Buyer: Sanare Today
Seller: PACE, Inc.
Date / Year: May 17, 2021
Sector: Behavioral Health, Healthcare IT
Keywords: Sanare Today, PACE, Behavioral Health, Healthcare IT, Addiction Treatment Services

Sanare Today, a West Chester, Pennsylvania-based provider of mental health treatment services, has acquired Delaware-based addiction treatment program PACE.

Pace offers in-person and telehealth-based alcohol and drug addiction treatment services, with intensive outpatient, partial hospitalization and outpatient offerings. The provider has three Delware locations: Newark, Wilmington and New Castle. Pace joins Sanare Today, which offers intensive outpatient therapy and coaching to treat addiction, chronic pain, trauma, PTSD and other mental health conditions, along with patients who have dual diagnoses.

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. 

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.  

www.paragonventures.com

800-719-1555

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