TORONTO, Aug. 20, 2018 /CNW/ -- DW Healthcare Partners ("DWHP"), the Toronto and Park City‐based healthcare private equity firm, has invested in California Psychcare ("CPC"). CPC is a leading provider of behavioral services for children and adults with an autism spectrum disorder ("ASD") and other developmental disabilities in the State of California. Terms of the transaction are not disclosed.
Dr. Leili Zarbakhsh, CPC's Co‐founder, commented, "DWHP's investment, coupled with their operational resources and deep understanding of autism and healthcare services, will be incredibly valuable as we continue to expand and enhance our services. Our partnership with DWHP represents an important milestone in helping CPC positively impact the individuals we serve."
As part of the growth plan, CPC will also be rebranding to 360 Behavioral Health. Aly Champsi, Managing Director and Partner at DW Healthcare Partners said, "We are thrilled to be partnering with 360 Behavioral Health's talented clinical team. We look forward to supporting the Company's continued growth. We also look forward to expanding into other geographies, as well as achieving the vision of a fully integrated, holistic provider of behavioral health services."
Dennis Kogod, Executive Chairman of 360 Behavioral Health noted, "The 360 Behavioral Health brand is considered a strong leader of ABA therapy and has a reputation for providing the highest level of clinical care." By way of background, Dennis Kogod brings several decades of running large Healthcare Services delivery systems. Dennis was the COO of Davita Kidney Care, President and COO of Healthcare Partners/Davita MediCal Group, and CEO of Davita's international subsidiary. "I look forward to leading the efforts to build the country's strongest, highest quality, and most robust holistic provider of behavioral health services. I envision a day where families of special needs kids will never have to walk this path alone. I am committed to building a platform that, regardless of age or severity, will be able to offer the highest quality in clinically appropriate therapy."
ABOUT DW HEALTHCARE PARTNERS DW Healthcare Partners is a private equity firm focused exclusively on the healthcare industry. The firm manages over $750 million in committed capital and invests in profitable healthcare companies with proven management teams. DW Healthcare Partners is led by seasoned healthcare executives with more than 110 years of combined industry experience. The firm provides the capital, strategic guidance, and acquisition expertise to help mid‐to‐late‐stage companies realize their potential for growth.