Le Lézard
Classified in: Business
Subject: SRI

Lighthouse Autism Center Announces Strategic Investment from Abry Partners


MISHAWAKA, Ind., Oct. 11, 2018 /PRNewswire/ -- Lighthouse Autism Center ("Lighthouse" or the "Company"), a leading provider of center-based, Applied Behavioral Analysis ("ABA") therapy, today announced a strategic investment from Abry Partners, a Boston-based private equity firm.

The investment will allow Lighthouse to accelerate geographic expansion and to bring additional services to children with autism.  It will also support Lighthouse's continued focus on driving strong clinical quality and leveraging technology to better track and utilize data to enhance outcomes.

"I couldn't be more excited about the partnership with Abry," said Gregg Maggioli, Lighthouse's co-founder and CEO. "We now have access to the capital and the operational support that will enable us to expand our footprint, and more importantly, enhance the quality of autism treatment to our clients and their families.  Further, Abry's approach and focus on clinical quality aligns perfectly with the mission and values that Lighthouse was founded upon."

Nick Scola, Principal at Abry, commented that, "Lighthouse represents an ideal investment for Abry. Gregg and his team have built a special company with a strong clinical foundation that is poised for significant growth. We look forward to expanding the Lighthouse platform and investing in the people and technology that will further enhance clinical quality and drive positive outcomes."

The investment in Lighthouse represents the latest platform in the continuation of Abry's healthcare investment strategy, following recent investments in US Dermatology Partners, FastMed Urgent Care and North American Dental Group, LLC.

The transaction closed in early October.  Terms were not disclosed.  The Braff Group acted as the exclusive financial advisor to Lighthouse for this transaction.  Lighthouse's legal advisor was Parker Poe Adams & Bernstein.  Abry was advised by DLA Piper.

About Lighthouse Autism Center

Headquartered in Mishawaka, Indiana, Lighthouse was founded in 2012 by Gregg and Sandy Maggioli, the parents of a child with autism.  Over the past 6 years, Lighthouse has grown into a leading center-based provider of ABA therapy for children on the autism spectrum. The Company currently operates five centers across northern Indiana and southern Michigan that focus on providing intensive one-on-one therapy services to children ages 2-18.  For more information about Lighthouse, visit the company's website at: www.lighthouseautismcenter.com.

About Abry Partners

Abry is one of the most experienced and successful sector focused private equity investment firms in North America. Since their founding in 1989, the firm has completed over $77 billion of leveraged transactions and other private equity or preferred equity placements.  Currently, the firm manages over $5.0 billion of capital across their active funds.  For more information about Abry, visit the firm's website at: www.abry.com.

Abry Contact:
Nick Scola
Abry Partners
(617) 859-2959
[email protected]

Media Contact:
Chris Tofalli
Chris Tofalli Public Relations, LLC
(914) 834-4334

SOURCE Abry


These press releases may also interest you

at 08:47
Kunes Auto & RV Group, a Midwest automotive group, is continuing its company growth with the opening of its new store in Beloit, Rock County, Wisconsin. Purchased from Finley GMC, the new automotive store will operate as Kunes GMC of Beloit starting...

at 08:43
WIN (Women In Negotiation) is pleased to announce Walmart Connect as its presenting sponsor - for its eighth annual WIN Summit to be held Thursday, May 30, 2024 in New York City....

at 08:38
Staffing Industry Analysts announced its 2024 Best Staffing Firms to Work For list this week, honoring Omaha-based healthcare company Fusion as a winner in the category of staffing firms with more than 500 employees. SIA's Best Staffing Firms to...

at 08:37
In a landmark move, Greenlight Commercial Funding (GCF) has announced its support for Audacity Zone Developments, INC. through an $11 million Series A Preferred Equity Offering. This underscores the company's unwavering commitment to fostering...

at 08:36
Brody's Crafted Cocktails, the highly-acclaimed premium ready-to-serve craft cocktails, proudly announces its latest addition to an ambitious 2024 expansion strategy in collaboration with Savannah Distributing Company. This family-operated wholesale...

at 08:35
SatixFy Communications Ltd. (the "Company" or "SatixFy") , a pioneering force in next-generation satellite communication systems driven by in-house developed chipsets, has released its consolidated financial results for the full year period ended...



News published on and distributed by: