Sequel Youth & Family Services now has a majority investment from private equity firm Altamont Capital Partners. Terms of the transaction were not disclosed.
Funds will be leveraged for organic expansion and acquisition of new programs, according to the announcement and CEO John Stupak and co-founder Jay Ripley will remain involved with the business.
Founded in 1999, Sequel operates 44 behavioral health service programs in 19 states, treating approximately 9,000 clients. Its comprehensive spectrum of services has a historical focus on the unmet mental health needs of at-risk adolescents but also includes children and adults.