Proven Behavior Solutions, a leading autism therapy provider, has recently made a significant expansion with the acquisition of Prism Autism Education & Consultation. This strategic move marks Proven’s entry into a second state and increases their total facility count to seven, further solidifying their position as a top provider of services for children with autism.
Scott Snider, CEO of Proven, expressed his enthusiasm for the partnership with Prism, stating, “We are excited to welcome Prism into the Proven family. This partnership strengthens our ability to offer even more comprehensive, high-quality services to children with autism.” Proven, based in Norwell, Massachusetts, offers a range of services including center, home, and community-based applied behavior analysis (ABA), occupational therapy, and speech and language therapy. With four clinical centers in Massachusetts, Proven is in-network with major health plans such as Aetna, BlueCross BlueShield, MassHealth, and Tricare.
The acquisition of Prism was supported by Health Enterprise Partners, a private equity firm specializing in health care and technology investments. Proven has chosen to maintain the Prism brand and leadership, with Rachael Coburn, CEO of Prism Autism Education & Consultation, expressing her excitement about the partnership. Coburn highlighted the benefits of the acquisition, including improved technology, additional training resources, and operational efficiencies that will enhance the quality of care provided by Prism.
As the year comes to a close, Proven’s acquisition of Prism is just one of several notable transactions in the autism therapy space. Goldman Sachs Alternatives recently acquired Center for Social Dynamics, a prominent autism therapy provider, with previous investor NMS Capital also participating in the deal. Additionally, Kelly Education acquired Children’s Therapy Center, a childhood therapeutics company offering a range of therapies for children with autism spectrum disorders, attention deficit disorder, cerebral palsy, and other conditions.
These acquisitions underscore the growing importance and demand for high-quality autism therapy services, as providers continue to expand their reach and enhance their offerings to better serve individuals with autism and their families. Proven Behavior Solutions’ acquisition of Prism Autism Education & Consultation represents a significant step forward in their mission to provide exceptional care and support for children with autism.