Community Intervention Services, a portfolio company of HIG Growth Partners (HIG), has completed the acquisition of Futures Behavior Therapy Center, LLC (Futures).
CIS was established by HIG in partnership with behavioural healthcare executive Kevin Sheehan, to acquire, develop and operate a national network of specialised behavioural health treatment facilities and programs. Futures marks CIS's sixth acquisition and further expands the Company’s treatment capabilities for children with Autism Spectrum Disorders (“ASDs”) and other developmental disabilities.
Headquartered in Beverly, MA, Futures was founded in 2006 and has since grown into a leading clinic-based provider of treatment and education services for children with ASDs and other developmental disabilities. Futures utilises the research-based principles of Applied Behaviour Analysis (“ABA”) across a wide range of programs which include 1:1 therapy, social skills groups, speech and language therapy, occupational therapy and transitional/life skills training. Throughout Future's 9-year operating history, they have developed a strong brand name as well as an excellent reputation for clinical quality and effectiveness with payers, referral sources and clients.
“I’m very excited about the partnership with both CIS and HIG," says Jill Larsen, Futures’ Founder and CEO. "We now have access to the capital and the operational support that will enable us to expand our footprint, and more importantly, support more children and their families. Further, the commitment to clinical care and the vision for improving lives that exist at CIS align perfectly with the mission and values that Futures was founded upon."
Sheehan, CEO of CIS, says: "Futures represents an ideal acquisition for CIS. Jill and her team have built a special company that is poised for significant growth. We look forward to expanding the Futures platform and working hard to address the vastly unmet need for high-quality autism treatment services.”
