NEW YORK, November 11, 2021 / PRNewswire / – Grant Avenue Capital, LLC, www.GrantAve.com, a healthcare-focused private equity firm, today announced that its holding company, H2 Health, has significantly expanded its offerings of pediatric therapy services to include Applied Behavior Analysis (ABA), through the acquisition of Great Strides Rehabilitation, Inc., www.GreatStridesRehab.com.
H2 Health is a national provider of outpatient rehabilitation care offering a wide range of services including physical, occupational and speech therapy. Great Strides Rehabilitation provides care to children of all ages with developmental disabilities using a comprehensive interdisciplinary model in a variety of settings in Northeast Florida. The addition of Great Strides Rehabilitation will add applied behavioral analysis to H2 Health’s continuum of pediatric rehabilitation care offerings. BMO Harris Bank’s Sponsor Finance team provided debt financing and BMO Capital Markets Corp. acted as financial advisor to H2 Health in connection with the transaction.
âI have dedicated my career to improving the well-being of children and families and I believe the partnership with H2 Health will expand the opportunities for Great Strides to carry out this mission,â said the founder of Great Strides Rehabilitation, Jon Edenfield OTD, OTR / L.
Guy Sansone, Founding Partner of Kiawah River Health Partners, Advisory Board Member of Grant Avenue Capital and President, CEO and Co-Founder of H2 Health added, âThe partnership between H2 Health and Great Strides Rehabilitation strengthens our long-term strategic goal of being the As a comprehensive rehabilitation provider for patients of all ages in the communities we serve, H2 intends to add the Great Strides brand of high-quality ABA service to each of its pediatric markets, including Texas, South virginia, Western Kentucky and throughout the state of Florida. “
âThe acquisition of Great Strides significantly expands H2 Health’s range of therapeutic services,â said My buddy Gumina, Founder and Managing Partner of Grant Avenue Capital. Additionally, the expansion of H2 Health is a prime example of Grant Avenue Capital’s transformational growth plan.
For more information, please visit www.GrantAve.com or send an email [emailÂ protected].
About Grant Avenue Capital LLC
Grant Avenue Capital is a mid-size, health-focused private equity firm that targets investments alongside forward-thinking management teams seeking an experienced and innovative investor with very flexible capital, both in terms of duration and structure. While a typical investment will involve companies generating around $ 5 million To $ 25 million of EBITDA, Grant Avenue Capital has significant support to complete larger transactions through strategic co-investment relationships. The company focuses on control buyouts, buyouts and constructions, company exclusions, investments in joint control partnerships and special situations.
In addition, the Grant Avenue Foundation supports Grant Avenue Capital employees and holding companies who are actively engaged with healthcare-focused charities.
About H2 SantÃ©
H2 Health provides comprehensive rehabilitation services to children, adults and the elderly across its rapidly growing operating network. Located in eight states, H2 owns, operates and manages 108 clinics in communities across the country.
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SOURCE Grant Avenue Capital