Private Equity Firms and Online College Invest in Pediatrics Plus
Conway, Arkansas-based Pediatrics Plus has recently received investments from two private equity firms and an online college. Leavitt Equity Partners, Fulcrum Equity Partners, and Western Governors University have partnered with Pediatrics Plus, with the company’s founders, Todd and Amy Denton, retaining their positions as the largest shareholders and board members.
Amy Denton expressed her excitement about the partnership, stating that she believes it will accelerate the company’s growth and allow them to serve more families. The terms of the deal have not been disclosed, but the investment will be used to expand Pediatrics Plus’ market footprint and enhance its service offerings, according to CEO Scott Street.
Specializing in autism therapy and developmental challenges, Pediatrics Plus offers a unique blend of applied behavior analysis (ABA), physical therapy, occupational therapy, and speech and language pathology services. The company operates in Texas and Arkansas under various brands, including The Farm by Pediatrics Plus, Community Connections, and Rise Counseling & Diagnostics, serving approximately 6,000 children annually.
While the next steps for Pediatrics Plus remain unclear, the company’s focus on scaling its platform suggests further growth and development. Leavitt Equity Partners, known for investing in mental and behavioral health companies, currently holds stakes in NeuroPsychiatric Hospitals and RHA Health Services. Fulcrum Equity Partners, on the other hand, recently acquired substance use disorder treatment provider Defining Wellness Centers and has previous investments in Blended Health.
Western Governors University, a nonprofit online college founded in 1997, operates the education-focused venture capital firm Juvo Ventures. The partnership with Pediatrics Plus reflects the university’s commitment to supporting innovative healthcare initiatives.
The healthcare industry has seen a surge in investment activity, with Ascend Capital Partners acquiring a majority stake in Unison Therapy Services and other behavioral health organizations, such as Oceans Healthcare and Mindful Health, securing funding rounds. These developments indicate a growing interest in expanding and improving mental health and behavioral services.
