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Kolmac Outpatient Recovery Centres Merges with Concerted Care
Monday 19 July 2021

US-based outpatient addiction treatment provider Kolmac Outpatient Recovery Centres has merged with Maryland-based outpatient integrated behavioral health services Concerted Care Group, the company said.

Terms of the transaction were not disclosed.

Through the combination with CCG, Kolmac, which has historically focussed on serving the working insured population, expands its services to treat all individuals, regardless of insurance type, with a continued commitment to superior quality and outcomes.

WindRose Health Investors, LLC, a healthcare-focussed private equity firm and lead investor in Kolmac, was joined by Inclusive Capital Partners, a San Francisco-based investment firm, to effectuate the merger and provide additional capital to support future growth.

Northborne Partners acted as financial advisor to Concerted Care Group. BMO Sponsor Finance served as the sole lead arranger for the senior credit facilities.

McDermott Will and Emery LLP acted as legal advisor to WindRose and Kolmac. Zarren Law Group and Reed Smith LLP acted as legal advisors to Concerted Care Group.
Date Published: 19/07/2021