With a deep understanding of the complex challenges faced by organizations in this evolving field, our experienced consultants collaborate closely with clients to deliver impactful strategies and innovative approaches. Through our case studies, you’ll discover real-world examples of how we’ve helped diverse stakeholders achieve operational efficiency, regulatory compliance, financial sustainability, and high-quality patient care. Join us in shaping the future of behavioral healthcare through our transformative methodologies and proven track record of delivering measurable results.
Bluestar360 & Agile Equity: Successful Partnership in Completing the Sale of a Prominent Specialized Outpatient Mental Health Services Company.
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Bluestar360 & Agile Equity: Successful Partnership in Completing the Sale of a Prominent Specialized Outpatient Mental Health Services Company.
Bluestar360, in collaboration with Agile Equity, embarked on a mission to facilitate the sale of a renowned internationally known specialized outpatient mental health services company. With a combined focus on leveraging industry expertise, extensive connections, and a shared commitment to delivering results, the partnership aimed to identify the ideal buyer, negotiate favorable terms, and ensure a seamless transaction process.
Agile Equity, a respected M&A banking firm specializing in IT and SaaS companies, recognized the potential of representing the mental health services company in a sale. They sought the partnership with Bluestar360, led by Mr. Bice, to leverage his vast connections in the behavioral healthcare space.
Agile and Bluestar360 collaborated to present their collective experience, established relationships, and Mr. Bice’s industry connections to position themselves as the ideal partners for the seller.
Mr. Bice meticulously evaluated his network to identify potential buyers that aligned with the seller’s short and long-term goals, actively sought acquisitions, and possessed the ability to successfully close the deal.
Several potential buyers were identified and introduced to the seller through initial exploratory calls, allowing both parties to assess compatibility and evaluate the opportunities.
A number of interested buyers presented Letters of Intent (LOI) to the seller, who carefully assessed the proposals and selected the buyer deemed the best fit. Agile and Bluestar360 provided guidance throughout the negotiation process.
Agile and Mr. Bice diligently oversaw and coordinated the due diligence process, ensuring that it proceeded at the desired pace to meet the seller’s requirements.
The acquisition was successfully closed in 2022, signifying a milestone achievement for both the seller and the buyer.
The seller remained with the company post-close and reported a positive experience, expressing enthusiasm about the ongoing relationship with the buyer.
The collaborative efforts of Bluestar360 and Agile Equity culminated in a successful sale, with the specialized outpatient mental health services company finding an ideal buyer that aligned with their goals. The partnership enabled the seller to navigate the complex transaction process smoothly and efficiently, leading to a positive post-close experience and ongoing enthusiasm for the future. The Bluestar and Agile partnership demonstrated the power of industry knowledge, strategic connections, and a client-centric approach in achieving exceptional outcomes in the behavioral healthcare space.
A Successful Acquisition Journey with Evolve Treatment Centers
Galen Partners, a prominent healthcare-focused private equity firm, embarked on a strategic acquisition of Evolve Treatment Centers. This case study highlights the collaborative efforts and instrumental role played by Mr. Bice, President and CEO of Bluestar360, in facilitating the successful acquisition process. From initial review to post-acquisition planning, Mr. Bice’s expertise and involvement were instrumental in achieving a seamless and fruitful partnership between Galen Partners and Evolve Treatment Centers.
Evolve Treatment Centers appeared on Mr. Bice’s behavioral health pipeline list, aligning with Galen Partners’ investment interests. Upon receiving the Evolve teaser from Coker Capital Advisors, Galen Partners recognized the potential and engaged Mr. Bice for his valuable insights.
Mr. Bice actively participated in multiple internal and external diligence conversations, leveraging his experience in the behavioral healthcare sector. His contributions assisted in structuring the Indication of Interest, which played a role in Galen Partners advancing to the next round.
Mr. Bice continued to be a vital asset during the in-person management team meetings, lending his expertise and insights to the evolving acquisition process.
Mr. Bice collaborated on the structuring and valuation determination of the Letter of Intent, ensuring that it reflected the strategic vision of Galen Partners and the needs of Evolve Treatment Centers.
Mr. Bice actively participated in the presentation of the Letter of Intent to the Galen investment committee, highlighting the value and potential of the acquisition.
Post Letter of Intent acceptance, Mr. Bice conducted thorough operational due diligence, culminating in the development of a detailed 180-day post-acquisition growth plan.
The acquisition of Evolve Treatment Centers by Galen Partners was successfully closed in December 2019, marking a milestone achievement for both parties involved.
Galen Partners’ acquisition of Evolve Treatment Centers proved to be a strategically aligned partnership, facilitated by the contributions and expertise of Mr. Bice. His involvement in the diligence process, valuation determination, and post-acquisition growth planning played a crucial role in the successful completion of the acquisition. The collaboration between Galen Partners and Mr. Bice exemplified the power of industry knowledge, meticulous due diligence, and a client-centric approach in achieving exceptional outcomes in the behavioral healthcare sector.
Bluestar360 & HereNOW Help: A Symbolic Success Story.
Bluestar’s strategic expertise in the behavioral health sector led to a mutually beneficial partnership with HereNow Help, an early-stage company seeking to establish connections within the industry. Introduced by a third party, the collaboration began as a simple introduction but evolved into a dynamic relationship that propelled HereNow Help’s growth through strategic introductions and business agreements.
HereNow Help, in its early stages, approached Bluestar with a specific goal: to connect with behavioral health service providers. At the time, HereNow Help was not actively seeking investors; rather, they were focused on establishing meaningful relationships within the industry. Recognizing the value of such partnerships, Bluestar embraced the opportunity to facilitate introductions that aligned with HereNow Help’s objectives.
Seamless Success in Multi-Site Addiction Treatment Company Sale: A multi-site addiction treatment company owner, connected with Bluestar seeking assistance with potential buyer introductions for a future sale. This initial interaction marked the beginning of a successful partnership that eventually culminated in the sale of the company, thanks to Bluestar’s comprehensive expertise and extensive industry connections.
