LLR Partners has acquired Learn It Systems. Financial terms weren’t announced. Milestone Partners was the seller. Baltimore, Maryland-based Learn It is a behavioral health and related services company serving children with autism and other special needs. Berkery, Noyes & Co. LLC, led by Jonathan Krieger, advised Learn It Systems.
NEW YORK – May 13, 2016 – Berkery, Noyes & Co., LLC, a strategic advisor to middle-market companies, is pleased to announce that it advised Learn It Systems, a portfolio company of Milestone Partners, in its acquisition by LLR Partners.
Learn It Systems, headquartered in Baltimore, MD, is a leading national behavioral health and related services company serving children with autism and other special needs. The Company’s comprehensive behavioral health platform addresses large, fragmented, high-growth markets being driven by insurance reform, an evolving reimbursement landscape, and growth in the diagnoses of children with autism.
LLR Partners, headquartered in Philadelphia, PA, is a leading middle market private equity firm.
The Berkery Noyes team representing Learn It Systems was led by Managing Director Jonathan Krieger.
“Jon Krieger and his team at Berkery Noyes were valued partners throughout the process,” said Michael Maloney, Founder and CEO of Learn It Systems. “Their guidance, healthcare knowledge, and commitment allowed us to find a great partner for our next stage of growth.”
“We are proud to have advised Learn It Systems,” Krieger said. “They have built a market leading platform that is uniquely positioned to meet the growing behavioral health needs of families and schools for value-based, outcomes-driven interventions for children with special needs.”
Berkery Noyes served as the exclusive financial advisor to Learn It Systems and Milestone Partners for this transaction. Hogan Lovells and McGuireWoods served as legal advisors on the transaction.
About Berkery Noyes
Berkery Noyes is an independent investment bank providing mergers and acquisitions and capital raising advisory services to middle market companies. Since 1983, the firm has advised leading healthcare companies, including M2S, AfterMath Claim Science, Healthx, Heartbeat Experts, Strata Decision Technology, The Wellness Network, Medworxx Solutions, Amirsys, ExitCare, Relsys, HCPro, Therapeutic Research Center (TRC), and UpToDate. For more, please visit www.berkerynoyes.com.