Embark Behavioral Health
The Deal
- Bought By
- Alex Stavros
- Year
- 2011
- Vehicle
- Lia Capital Partners, backed by Housatonic Partners from 2016
- Kind
- Healthcare
A behavioral health company for teens and young adults that grew from one residential program at the Lake of the Ozarks into a national network of treatment centers and outpatient clinics.
What Happened Next
Majority sold: a trade site's report of February 9, 2023 says a private equity firm acquired a majority stake in the company. The company's own release of August 21, 2024 says he stepped aside as chief executive after thirteen years of leadership and serves on the board.
They sold a majority 12 years in, in 2023, and stayed with the company.
The exit ends of journeys like this one, where the buyer has announced the purchase itself, are on Buyers.
Backed by the Same Firms
Tom & Dave
- Swoogo · Chris Sykes · 2020
- Appsian · Piyush Pandey · 2016
- Vector Disease Control International · Jay Davis and Jason Pananos · 2011
- Scottish American · Paul Thomson · 2011
- The rest of the record
- Wayleadr · Alex Thinath · 2025
- Abound Health Group · Jenna Whigham and Dennis Lally · 2020
- Cicero Therapies · Taylor Davidson, Grant Schafle and Gordy Rogers · 2020
- School Family Media · Charles Field and Brian Cabezud · 2018
- The rest of what Housatonic Partners has backed
Method & Source
This record is double-sourced: it joined when the purchase and, where the company has traded on, the exit could both be read in primary accounts.
- A third party's record of the deal mosaiceta.com
- Tom & Dave's own account tom-dave.com
- Housatonic Partners' own account housatonicpartners.com
- A third party's record of the deal bhbusiness.com
- The company's own account embarkbh.com