Cressey exits behavioral-health company InnerChange


ressey & Co, InnerChange, Housatonic Partners, private equity, mental health, healthcare, merger, M&A
Photo courtesy of ipopba/iStock/Getty Images 
  • Cressey acquired majority stake in December 2011
  • InnerChange: 7 residential treatment programs
  • PE firm closed Fund VI at $950 mln in June
Cressey & Co has exited its investment InnerChange, a provider of residential mental-health treatment, Buyouts has learned. While the firm has not formally announced the transaction, the Chicago private equity firm no longer lists InnerChange as “current partnership” on its website. Sources ...

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