Private equity firms Petra Capital Partners and MMC Health Services have completed a deal to acquire Alternative Behavior Strategies (ABS) and its centers located in California, North Carolina and Utah. The organization provides in-home and center-based therapy services to children with autism spectrum disorder. Financial terms were not disclosed.
According to the announcement, Petra partnered with MMC and ABS founder Jeff Skibitsky on the transaction. The Braff Group originated the transaction and served as the exclusive merger and acquisition advisor to ABS.