Press Release Excerpt
We are pleased to announce that Brookwood Associates served as financial advisor to Pacific Child & Family Associates (“PCFA”), a Great Point Partners portfolio company, on an equity financing in conjunction with its recent acquisition of Autism Intervention Specialists (“AIS”). Scopia Windmill Fund LP, managed by Scopia Capital Management, invested in PCFA to support the acquisition and provide additional capital for continued growth.
AIS, which is based in Worcester, MA, provides high quality care to children on the autism spectrum throughout the northeastern United States. The acquisition, which is the third completed by Pacific Child, will allow Pacific Child to extend its geographical presence and augment its service offering and clinical capabilities. The combined entity will now provide access to over 1,000 therapists across more than 30 states.
This transaction extends Brookwood’s successful track record advising privately held companies in behavioral healthcare and is the second transaction we have completed for an autism therapy provider this year.