Latest News
Stepping Stones Group Acquires STAR of CA to Bolster Autism Services
Tuesday 14 January 2020

14 January 2020 - Colorado-based healthcare provider The Stepping Stones Group has acquired California-based STAR of CA, to accelerate efforts in the autism services marketplace, the company said.
Terms of the transaction were not disclosed
STAR of CA will operate as a subsidiary of The Stepping Stones Group. 
The combination of Stepping Stones and STAR further expands the ability to positively impact the lives of children in the home and community setting. 
STAR of CA represents The Stepping Stones Group's second acquisition of an autism services provider.
In September, The Stepping Stones Group announced its acquisition of New England ABA, a Massachusetts autism services provider. 
As a result of the STAR of CA, New England ABA will be organised under The Stepping Stones Group Autism Division. 
Stepping Stones is a portfolio company of Five Arrows Capital Partners, the North American corporate private equity business of Rothschild and Co Merchant Banking.
The Braff Group served as exclusive merger and acquisition advisor for STAR of CA.
The Stepping Stones Group is the provider of therapeutic and behavioral health services to children including those with special needs and autism. The company serves over 500 clients and 115,000 students annually across over 30 states. 
STAR of CA is a provider of home, community and school-based Applied Behavioral Analysis and mental health services.
Details
Date Published: 14/01/2020
Target: STAR of CA
Country: USA
Sector: Healthcare
Type: Corporate acquisition
Financing:
Status: Closed
Vendor:
Buyer: The Stepping Stones Group
Comment:
Terms of the deal were not disclosed

Options