Baird Capital has acquired a stake in Indianapolis-based Hopebridge, a provider of pediatric, clinic-based, outpatient therapy services to children and adolescents with developmental and behavioral challenges. No financial terms were disclosed.
Indianapolis, Nov. 15, 2017 – Baird Capital announced today that it has acquired an interest in Hopebridge. Hopebridge is a rapidly growing, clinic-based autism therapy business which provides Applied Behavior Analysis (ABA), occupational therapy, physical therapy and speech therapy to children on the autism spectrum.
Headquartered in Indianapolis, Hopebridge currently operates fifteen clinics across Indiana, Kentucky and Ohio. Hopebridge is committed to placing the child and its family at the center of the circle of care. Through the coordinated effort of its team of diverse specialists, Hopebridge is dedicated to improving the quality of life of individual’s touched by Autism Spectrum Disorder.
“Having pursued the autism market for the past two years and reviewed a number of different providers, we are thrilled to be supporting the growth initiatives at Hopebridge. We believe Hopebridge’s in-clinic and wrap around service model, is a true differentiator and helps the business deliver high quality care and support to children and families,” said Mike Bernstein, Partner at Baird Capital.
Dennis May, CEO of Hopebridge, commented, “We are pleased to be partnering with the Baird Capital team, which has an extensive history of investing in the healthcare space. This strategic relationship will further enhance Hopebridge’s ability to make investments in its platform to support the families we serve.”
As part of the transaction, Baird Capital Partner Mike Bernstein and Operating Partner Rich Neff will join the board of directors.
Hopebridge is committed to providing personalized therapy for children and their families touched by behavioral, physical, social, communication and sensory challenges, helping them live their best life possible. Since opening our doors in September 2005, we have worked hard to build a staff of motivated, highly-specialized therapists dedicated to helping children. Our staff members focus on the individual needs of each child and family, regardless of their diagnosis. Services include pediatric outpatient Applied Behavior Analysis (ABA) for autistic and non-verbal children, occupational, physical, and speech therapies. http://www.hopebridge.com
About Baird Capital
Baird Capital makes venture capital, growth equity and private equity investments in strategically targeted sectors around the world. Having invested in more than 300 companies over its history, Baird Capital partners with entrepreneurs and, leveraging its executive networks, strives to build exceptional companies. Baird Capital provides operational support to its portfolio companies through teams on the ground in Asia, a proactive portfolio operations team and a deep network of relationships, which together strive to deliver enhanced shareholder value. Baird Capital is the direct private investment arm of Robert W. Baird & Co. For more information, please visit www.BairdCapital.com.