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Beacon Behavioral Partners completes acquisition of The Neuropsychiatry & TMS Group to Expand Presence in Florida

Mar 27, 2024•over 1 year ago

Acquiring Company

Beacon Behavioral Partners

Acquired Company

The Neuropsychiatry & TMS Group

Baton RougeTampaHealth CareMedical

Description

Beacon Behavioral Partners, a leading provider of support services for behavioral health practices, has announced the acquisition of The Neuropsychiatry & TMS Group, a distinguished outpatient mental health provider in Tampa, Florida. This new alliance marks Beacon's inaugural partnership in Florida, reflecting its goal to grow a network of reputable behavioral health practitioners devoted to enhancing patient care.

Company Information

Company

Beacon Behavioral Partners

Location

Baton Rouge, Louisiana, United States

About

Beacon Behavioral Partners is a leading provider of support services for behavioral health practices, with over 25 years of management experience within the behavioral health industry. Committed to reducing the barriers and burdens that come with owning a private practice, Beacon fully manages administrative responsibilities while allowing practices to maintain clinical autonomy.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed