Traverse Pointe Partners Announces Investment in Living at Reflections
CHICAGO (PRWEB) May 02, 2023 -- Traverse Pointe Partners (“Traverse”), a private equity firm focused on the lower middle-market, is pleased to expand their behavioral health platform investment with their announcement of reaching an agreement with Living at Reflections to invest in their continued growth. The Hope House (Traverse Pointe’s first behavioral healthcare portfolio investment) and Living at Reflections are both leading, in-patient multi-location, providers of behavioral health and substance abuse rehabilitation services. The Companies are headquartered in Scottsdale, Arizona and Novato, California respectively.
Financial terms of the transaction were not disclosed.Louise McCallion, Founder and Chief Executive Office of Reflections says, “The alignment of our philosophies of providing excellence in all aspects of intensive and individualized dual diagnosis substance abuse treatment provides the opportunity for a synergistic partnership between Traverse Pointe’s The Hope House and Reflections to provide a larger platform and availability for individuals in search of customized treatment in luxury settings.”
Quinn McCullough, Chief Executive Officer of The Hope House says, “At The Hope House, we are thrilled to work alongside Louise and the Reflections team. With Louise’s direction, Reflections continues to have an impeccable record of providing outstanding clinical and medical recovery services. We will have the opportunity to learn from each other’s programs to expand the quality of care in each region and continue to have a massive impact in our communities.”
About Living at Reflections
Founded in 2011 and located in Novato, CA, Living at Reflections is a nationally accredited, luxury substance abuse treatment operation. The Company provides 24/7 holistic and personalized treatment for alcohol, drug, and opioid addictions. The Company brings superior treatment quality to all of its patients with PhD and Master’s level clinicians and a fully licensed staff. Additionally, the personalized, focused recovery plans result in increased recovery success and reduced recidivism.
About Traverse Pointe Partners
Traverse Pointe Partners is a private equity investment firm focused on investments in lower middle-market companies. Our investment professionals and operating partners offer an array of skillsets and expertise to enhance the value of our platform investments. We partner with strong management teams, providing capital along with operational, financial and strategic support to enable organizations to maximize their potential. Living at Reflections joins with The Hope House reflecting the 6th platform investment Traverse has made, to date.
Peyton Gallovich, Traverse Pointe Partners, http://www.traversepointe.com/, 1 602-962-4197, [email protected]
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