BOSTON, November 15, 2021 / PRNewswire / – The Stepping Stones Group (Stepping Stones), a leading national provider of therapeutic, behavioral, autistic, nursing and educational services to children in school, home and community, is pleased to ” announce the acquisition of the Behavioral Learning Center (BLC), a Californiatherapeutic and behavioral enterprise.
“This acquisition enhances our ability to transform the lives of children and adolescents diagnosed with the autism spectrum at home, at school and in the community. Danielle Sheehy, Jody stiegemeyer and their teams have made BLC a leading, high-quality autism service provider in California and Colorado and we are delighted that they are joining our team, âsaid Tim murphy, Chairman and CEO of The Stepping Stones Group.
âWe immediately knew that partnering with The Stepping Stones Group was the right step for us to be part of a larger autism and community platform with the infrastructure to enable us to achieve our goal of providing Early intervention and applied behavior analysis services to increase the quality of life for more children and families across the country, âsaid Jody Stiegemeyer, SLP, BCBA, co-founder of the Behavior Learning Center.
âWe are delighted to begin this next leg of our journey with a highly regarded, like-minded, mission-driven organization committed to clinical excellence and genuinely caring about its team,â said Danielle Sheehy, MS BCBA , co-founder of the Behavioral Learning Center.
BLC will operate as part of the Autism and Community business unit of SSG. Jody stiegemeyer and Danielle Sheehy will remain with the company and serve as executive clinical directors overseeing BLC operations. They will both report to Doug Moes, Ph.D., president of the Autism and community unit.
Stepping Stones is a holding company of Five Arrows Capital Partners, the North American private equity firm of Rothschild & Co. Merchant Banking.
Five Arrows Capital Partners continues to support the acquisitive growth strategy of the Stepping Stones leadership team as it expands the company’s autism and community service offerings and practices to deliver services. essential developmental programs for children and adolescents to meet the needs of more clients, families and communities. ânoted Michel Langer, partner at Five Arrows Capital Partners.
The Braff Group, a leading mergers and acquisitions company, represented Behavioral Learning Center in this transaction.
About the Stepping Stones Group
The Stepping Stones Group is a leading provider of therapeutic and behavioral services to children, including those with special needs and autism. The company serves more than 1,000 customers and 200,000 children each year in 42 states. With over 30 years of experience, our team consists of over 7,000 employees, including licensed clinicians and specialist educators, dedicated to providing high quality behavioral and therapeutic services. For more information: https://thesteppingstonesgroup.com/.
About Five Arrows Capital Partners
Five Arrows Capital Partners (FACP) is the North American private equity arm of Rothschild & Co.’s Merchant Banking business. Merchant Banking operates over $ 18 billion which includes approximately $ 4.5 billion dedicated to corporate private equity, as well as a series of funds focused on senior and junior lending, investing in primary and secondary funds and co-investments, with offices in Paris, London, New York, Los Angeles and Luxembourg.
FACP focuses on investing in mid-market companies with highly defensible market positions; strong management teams; business models with high visibility of organic growth in unit volumes and strong conversion of free cash flow; and multiple operational levers that can be used to unlock latent value. Sectors are limited to data and software, technology-based business services, and healthcare.
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About the Behavioral Learning Center
Founded in 2007, the Behavioral Learning Center provides early intervention services at home and autism-related services at home, in school and in the community. For more information on the Behavioral Learning Center: https://www.blcca.com/
SOURCE The Stepping Stones group