MINNEAPOLIS – March 9, 2017 – TripleTree, LLC (TripleTree), a strategic advisor and merchant bank serving innovative and market-leading companies in healthcare, is pleased to announce that its client, Trumpet Behavioral Health, a leading provider of behavioral health services, specializing in the treatment of children, adolescents, and adults with Autism Spectrum Disorder (ASD) and developmental disabilities, has been recapitalized by MTS Health Investors (MTS). Using principles of Applied Behavior Analysis (ABA), Trumpet Behavioral Health’s therapy is delivered by Board Certified Behavior Analysts and therapists in over 25 locations across 8 states.
“With multiple regulatory and macro-economic market tailwinds propelling tremendous growth in the industry, Autism has thrust itself into the national healthcare conversation, driving improved awareness, education, access and demand for high-quality care for children and adults with Autism Spectrum Disorder,” said Jon Hill, Senior Director at TripleTree. “We are thrilled for Trumpet Behavioral Health and their new partnership with MTS Health Investors, whose deep healthcare services knowledge and experience will help the Company execute on its next phase of growth.”
“The partnership with MTS represents an important milestone in Trumpet’s development and will help us continue to grow to meet the rapidly growing demand for our services,” said Lani Frits, CEO of Trumpet Behavioral Health. “TripleTree’s deep healthcare knowledge, partnership approach, and deep experience in the behavioral health sector made them the right partner as we considered our company’s strategic alternatives.”
TripleTree acted as the exclusive financial advisor to Trumpet Behavioral Health for this transaction.
About TripleTree
TripleTree is an independent merchant bank focused on mergers and acquisitions, growth capital, recapitalizations, strategic advisory and principal investing. Since 1997, the firm has advised and invested in some of the most innovative, high-growth businesses in healthcare. For more, visit www.triple-tree.com.
About Trumpet Behavioral Health
Trumpet Behavioral Health offers evidenced-based behavioral health services to children and adults with Autism Spectrum Disorder and other developmental disabilities based on the principles of Applied Behavior Analysis. A team of over 950 passionate and highly-skilled individuals, including numerous Ph.D. and Masters-level Board Certified Behavior Analysts and Board Certified Assistant Behavior Analysts, provides center-based, school-based and in-home services throughout Arizona, California, Colorado, Hawaii, Illinois, Kansas, Ohio and Texas. For more information please visit www.TBH.com.
About MTS Health Investors
MTS Health Investors, LLC (MTS) makes equity investments in companies that operate within the services sectors of the healthcare industry. We focus on companies with profitable business models and a demonstrated ability to deliver cost-effective solutions. MTS manages over $700 million in investments and is currently investing out of its fourth fund. We are based in New York City and invest in companies throughout the United States. For more information, please email us at info@mtsinvestors.com.