August 18, 2011
GREENWICH, CT and Santa Paula, CA – Pacific Child & Family Associates (“PCFA”), a Great Point Partners I, L.P. (“GPP”) portfolio company and a leading provider of applied behavior analysis (“ABA”) and other services for children and adults with autism and other developmental disabilities, today announced that it has acquired Children’s Learning Connection (“CLC”), a leading provider of multidisciplinary therapy to children with autism and related disorders.
Founded in 2001, CLC provides ABA, speech, occupational and physical therapy to clients through an integrated, multidisciplinary delivery model. The acquisition of CLC expands PCFA’s clinical service offering, and allows the company to serve as a one-stop solution for the variety of therapies that clients often require. PCFA will also roll out this integrated delivery model to new service locations as the company continues to expand geographically. CLC’s senior management team, led by Co-founders and Co-Executive Directors Melanie Foshee and Kimberly Eissing, will continue to play an integral role in management of the combined entity going forward.
Dr. Ira Heilveil, PhD, Chief Executive of Pacific Child commented, “Children’s Learning Connection gives Pacific Child the expertise it needs to significantly expand the variety of services it provides for those on the autism spectrum. Kim and Melanie bring state of the art knowledge in the integration of a broad range of primary and ancillary services to the table. This is a win-win.”
This acquisition marks the first acquisition that the company has closed in 2011 and the first strategic acquisition to diversify the company’s service offering. In addition to PCFA’s core competency in ABA therapy, the company will now be able to integrate speech, occupational and physical therapy into its suite of services.
About Pacific Child & Family Associates
Founded in 1988, Pacific Child and Family Associates (“Pacific Child”) offers applied behavior analysis and other services for children and adults with autism and other developmental disabilities. Pacific Child is committed to providing the highest quality, scientifically validated services, built on a foundation of respect for those we serve. The cornerstones Pacific Child’s work include family involvement, collaboration with other professionals, recruiting and retaining qualified staff and ensuring their success by providing the highest level of ongoing education and training. The Company currently has fifteen offices in California, Texas, New Mexico, Pennsylvania and Minnesota, and is providing services throughout the world.
About Great Point Partners, LLC
GPP, based in Greenwich, Connecticut, is a leading health care investment firm with approximately $450 million of equity capital under management. The firm manages capital in public and private equity funds. Great Point Partners has provided growth equity, growth recapitalization, and management buyout financing to more than 100 health care companies. Both the private and public funds invest across all sectors of the health care industry including life sciences, biologics manufacturing, reagents and media, consumer health, generic drugs, health care services, behavioral health, information technology, insurance, medical devices, specialty pharmaceuticals, outsourced hospital services, and workers compensation. The firm pursues a proactive and proprietary approach to sourcing investments. Reach Great Point at 203-971-3300. www.gppfunds.com
This document is intended solely to provide information regarding Great Point Partners’ potential financing capabilities for prospective portfolio companies.