Levine Leichtman Capital Partners portfolio company Monte Nido acquires Rosewood Ranch
Monte Nido & Affiliates (Monte Nido) a portfolio company of Levine Leichtman Capital Partners (LLCP), has acquired Rosewood Ranch, (Rosewood), the operator of three eating disorder treatment facilities in the greater Phoenix, Arizona market.
Founded in 1998, Rosewood is an industry pioneer, offering curated treatment modalities for both adolescent and adult patient populations.
Monte Nido is a market-leading eating disorder treatment platform now operating 29 facilities across eleven states nationwide. With a track record of clinical excellence, Monte Nido has successfully treated adult and adolescent patients since its founding in 1996. Headquartered in Miami, Florida, Monte Nido now offers residential and outpatient services through four brands: Monte Nido, Oliver-Pyatt Centers, Clementine and Rosewood. This acquisition provides Monte Nido with an inpatient service offering, augmenting its comprehensive continuum of care.
Candy Henderson, CEO of Monte Nido, says: "We are excited to add Rosewood to our national footprint of best-in-class treatment facilities. The acquisition expands Monte Nido's treatment offerings and geographic reach, enabling us to serve a greater portion of those seeking treatment."
Matthew Rich, a Senior Managing Director with LLCP, adds: "We are pleased to demonstrate our continued support of Monte Nido through this acquisition. We see a powerful combination between the strong reputation Rosewood has built over its 22-year history and the strategic leadership of Candy and the Monte Nido team."
Monte Nido is an investment of Levine Leichtman Capital Partners Fund V.