M&A Healthcare Advisors (“MAHA”) is pleased to present a multi-location Applied Behavioral Analysis (“ABA”) company with locations in the Northeast, North Carolina, & Michigan. Through its 10+ year lifespan, the company has grown organically and through strategic acquisitions. Their services include School, Clinic, & Home-Based therapies, Early Intervention, Teen & Transition services, and Caregiver + School Support services.
The leadership team has deep clinical roots working with children with autism and utilizes an established systematic approach to improve client outcomes. They are also well-positioned to scale within in their current geography and into neighboring markets.
Revenue is generated through Medicaid (57%), Schools (22%), and In-Network Insurance Contracts (21%). TTM (Nov 23 – Oct 24) average census is 166, they employ 15 BCBA’s and have over 140 W2 employees. The clinics at which they provide services are leased properties.
Financial Overview
|
2022 |
2023 |
TTM-Oct 24 |
|
|---|---|---|---|
|
Revenue |
8.7M |
9.1M |
9.4M |
|
Gross Profit |
3.4M |
3.2M |
3.6M |
|
AEBITDA |
1.7M |
1.9M |
2.2M |
|
AEBITDA Margin |
19% |
20% |
23% |
Our clients, the ownership group, have no active involvement in day-to-day operations. All employees, including the established management team, are expected to remain with the company post-acquisition.