RCCS completes recapitalization | Behavioral Healthcare Magazine Skip to content Skip to navigation

RCCS completes recapitalization

September 16, 2016
by Julie Miller, Editor in Chief
| Reprints

Restoration Counseling & Community Services, LLC (RCCS) has completed a recapitalization with private equity firm Latticework Capital Management. While the firm owns a controlling stake of the business, Paul Kustermann, founder and CEO, will maintain minority interest and will continue to lead RCCS.

The CARF-accredited organization specializes in treating behavioral health needs for individuals transitioning from the criminal justice system, providing chemical dependency treatment, cognitive moral restructuring intervention and life skill services. Intensive outpatient and sober living levels of care are offered. Additionally, RCCS is the only community-based provider in Minnesota that employs certified staff who are qualified to conduct criminal risk assessments, according to its website.

Mertz Taggart provided RCCS exclusive sell side advisory services. According to Kevin Taggart, managing partner, RCCS will use the capital to make enterprise enhancements with the goal of expanding the organization’s scale into other states.

“It’s another example of private equity partnering with an existing provider to help serve more people in need,” Taggart tells Behavioral Healthcare.



Get the latest information on Treatment Center Finance and other valuable topics at this three-day retreat offering panel discussions, expert presentations, and formal and informal networking opportunities for senior treatment center executives and marketers to learn the latest best practices and explore ethical challenges as they build strong organizations in the behavioral healthcare field.

Learn More