December 30, 2021
Pathways Health and Community Support, LLC, a portfolio company of Atar Capital and one of the largest providers of behavioral and mental health services in the United States, announced its acquisition of Human Resource Training, Inc. (HRT), an Arizona-based company that provides foster care services, social services and training to families and youth in the central and northern regions of Arizona. Translink Corporate Finance’s partner in the US, Dinan & Company LLC, acted as the exclusive financial advisor to the buyer.
The acquisition extends Pathways’ current footprint in Arizona from eight to twelve counties and augments services in two of Arizona’s largest counties, Maricopa and Pima. This is Pathways’ second acquisition in 2021, advancing the organization’s goal to increase the availability of accessible behavioral and mental health services across the United States.
HRT provides a range of child and adult welfare services that complement Pathways’ full spectrum of social services and behavioral health programs. Additionally, HRT’s services include a Parenting Skills Program that supports Arizona F.I.R.S.T. (Families in Recovery Succeeding Together – AFF) legislation by providing services to families with children who reside with their biological parents, as well as families with children in out-of-home placements and child and adult developmental homes for the developmentally disabled population.
Jill Winters, Pathways’ CEO and former United Healthcare executive, said, “Acquiring HRT significantly expands our capacity to provide essential services for more clients in Arizona. This acquisition also supports Pathways’ strategic plan for continued growth and development of our programs which deliver critical behavioral and mental health services.”
Pathways’ outpatient services in 18 states and the District of Columbia include mental health services for children and adults, autism and IDD services, foster services, substance use education, and support services. Additionally, the organization offers employer-based programs through Pathways at Work, a series of customized workplace health and well-being seminars, webinars and other resources for employees.
Pathways Health and Community Support, LLC is one of the largest providers of behavioral and mental health services in the United States. Originally founded in 1997 as Providence Service Corporation, and subsequently acquired by Atar Capital in 2018, Pathways’ mission is to improve the lives of people by inspiring personal growth, health and wellness. The organization offers a full spectrum of social services and behavioral health solutions, including mental health support, youth and family services, adult services and prevention services, to clients in their homes or through telehealth and community-based resources. The company also offers employer-based programs to help employees manage stress, anxiety and other behavioral health challenges through Pathways at Work, a series of customized workplace health and well–being seminars, webinars and other resources for employees.
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Dinan & Company, LLC is the partner firm of Translink Corporate Finance in the United States. It is a leading diversified financial services company with over 32 years of advisory and merchant banking experience dedicated to middle-market transactions.