Private equity firm Golden Gate Capital announced it has acquired Invo Holdings, a provider of autism and childhood behavioral health services. Financial terms of the deal were not disclosed.
Invo provides multi-disciplinary therapy services to infants, toddlers and school-aged children with developmental delays, including autism, in school-, community- and home-based programs. The company has 2,500 clinicians working in 27 states.
Invo CEO Anthony Manley and the company’s current management team will remain in place. The Jordan Company, which invested in Invo in 2017, and Invo’s management will retain a minority ownership in the company.
Ropes & Gray LLP and Nob Hill Law Group PC served as legal advisors to Golden Gate Capital on the transaction, while Berkery Noyes and Guggenheim Securities served as the firm’s financial advisors. Winston & Strawn LLP and Cain Brothers served as legal and financial advisors, respectively, for Invo.