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Monte Nido Completes Acquisition of Walden Behavioral Care to Expand Inpatient Service Offering
Tuesday 14 September 2021

Miami, US-based eating disorder treatment providers Monte Nido and Affiliates has completed its acquisition of Massachusetts-based Walden Behavioral Care, offering inpatient, residential, partial hospitalisation and intensive outpatient programmes in Massachusetts, Connecticut and Georgia, the company said.

Terms of the transaction were not disclosed.

Walden opened the Walden Behavioral Care Center for Recovery in 2020, a 24-hour inpatient and residential care facility dedicated to the treatment of eating disorders in the US.

The acquisition of Walden expands Monte Nido's inpatient service offering, further enhancing its comprehensive continuum of care.

Monte Nido and Affiliates now offers inpatient, residential and outpatient services through five brands: Monte Nido, Oliver-Pyatt Centers, Clementine, Rosewood and Walden.

Monte Nido and LLCP were advised on the transaction by Honigman LLP and Polsinelli LLP. Covington Associates served as exclusive financial advisor to Walden.

Monte Nido is a portfolio company of Levine Leichtman Capital Partners V, L.P.

Levine Leichtman Capital Partners, LLC is a middle-market private equity firm with a 38-year track record of investing across various targeted sectors, including franchising, professional services, education and engineered products.
Date Published: 14/09/2021