NexPhase recaps Action Behavior Centers

NexPhase Capital has recapitalized Austin, Texas-based Action Behavior Centers, a provider of early intensive behavioral intervention therapy for children on the autism spectrum. No financial terms were disclosed. Cain Brothers provided financial advice to Action Behavior Center on the transaction.


Action Behavior Centers (“Action” or the “Company”), a leading regional provider of Applied Behavior Analysis (“ABA”) therapy services, has partnered with NexPhase Capital.

Based in Austin, TX, Action provides early intensive behavioral intervention therapy for children on the autism spectrum, through its numerous clinics across Texas. The Company is focused on the highest quality clinical care, with a committed team and staff of behavioral therapists. Action has successfully executed on a robust de novo growth strategy, to help serve the large and growing underserved population of families that require support and care.

NexPhase Capital, a New York based private equity firm established by former principals of Moelis Capital Partners, invests in healthcare, industrial services, software and consumer industries and provides equity financing, expertise, and a broad contact network for control investments. NexPhase helps companies across sectors grow and create value through dedicated operating resources, new sales channels and effective partnerships.

Cain Brothers served as the exclusive financial advisor to Action Behavior Centers in connection with the transaction.

Cain Brothers, a division of KeyBanc Capital Markets, is a pre-eminent healthcare investment bank. We deliver innovative solutions and fresh ideas to our clients in mergers & acquisitions, debt and equity financing, and strategic and financial advisory from our offices across the country. Our deep knowledge of the industry is matched with the knowhow needed to efficiently execute the most complex transactions of all sizes. With our exclusive focus on healthcare services, medical technology and life sciences, we have an unobstructed view of this rapidly evolving industry that enables us to provide unique perspectives to our clients.