Therapy Brands, founded in 2013, offers end-to-end software solutions to streamline the complete clinical, logistical, and payment workflows of healthcare professionals in a variety of end markets, with an emphasis on underserved mental and behavioral healthcare sectors.
FREMONT, CA: KKR, a leading global investment firm, has announced the closing of its previously-announced acquisition of a majority interest in Therapy Brands (the "Company"), leading practice management and electronic health record (EHR) software platform for mental, behavioral, substance use recovery, applied behavior analysis (ABA) as well as physical rehabilitation healthcare providers.
"This acquisition is exciting for the Therapy Brands family – our employees, our customers, and their patients," stated Kimberly O'Loughlin, CEO of Therapy Brands. "KKR brings a deep understanding of the healthcare sector and extensive experience in scaling technology-enabled platforms. This support will help us accelerate our mission of making it easier for providers to navigate an increasingly complex administrative landscape so they can spend more time and focus on delivering improved outcomes for their clients."
"Therapy Brands is delivering enormous value to its clinicians and supporting better healthcare outcomes for patients with its high caliber portfolio of purpose-built software solutions," stated Max Lin, a KKR Partner who co-leads the health care industry team for KKR's Americas Private Equity business. "We are excited to work closely with Kimberly and her team to help build enhanced solutions for the mental and behavioral healthcare market."
Therapy Brands, founded in 2013, offers end-to-end software solutions to streamline the complete clinical, logistical, and payment workflows of healthcare professionals in a variety of end markets, with an emphasis on underserved mental and behavioral healthcare sectors. Its HIPAA-compliant solution suite facilitates everyday operations for over 28,000 practices across the United States, ranging from single providers to national multi-location practice groups. Therapy Brands' solutions are purpose-built, with the goal of optimizing the patient experience and reducing logistical burdens for clinicians, allowing them to spend more time focusing on the health and well-being of their clients and companies.
