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TJC invests in Invo

The Jordan Company has made an undisclosed investment in Jamison, Pennsylvania-based Invo Healthcare Associates, a provider of behavioral health and other therapeutic services to individuals with special needs. Last December, The Wicks Group of Companies acquired a controlling stake in Invo from Post Capital.


NEW YORK, April 28, 2017 /PRNewswire/ — Invo Healthcare Associates, LLC (“Invo”), announced that The Jordan Company (“TJC”), a private investment firm, has made a strategic investment in the company through an affiliate. The Wicks Group of Companies (“Wicks”) acquired a controlling interest in Invo from Post Capital Partners (“Post Capital”) in a transaction that closed on December 23, 2016. The investment from TJC provides Invo with additional strategic and financial support as the company seeks to expand its leadership position in the behavioral health market.

Based in Jamison, PA, Invo is a leading national provider of behavioral health and other therapeutic services to individuals with special needs, including Autism Spectrum Disorder. The company serves more than 60,000 children annually in the areas of occupational therapy, physical therapy, speech and language pathology, and Applied Behavioral Analysis, in schools and other community-based settings across the United States.

Commenting on the transaction, Invo CEO Anthony Manley said, “We are thrilled to be joined by our new partners at TJC. I look forward to continuing the service of Invo’s mission with our partners at Wicks, TJC and Post Capital. We are united in our shared vision for the business and our motivation to provide the highest quality therapy services to children, families and schools nationwide.”

Eion Hu, Senior Partner at TJC, added: “We are delighted to partner with the Wicks, Post Capital and Invo teams. We feel that Invo is strongly positioned to assist our school and community based partners in the underserved special needs and behavioral health markets. The opportunity to invest in Invo fits our investment thesis of backing best in class management teams in high growth sectors.”

“We are excited to welcome our new partners at TJC to Invo,” said Thomas Kearney, Principal at Wicks. “Eion and the team at TJC bring tremendous strategic value to the Invo platform and share our long-term strategic goals for the company to further strengthen Invo’s industry-leading position in the markets it serves.”

The Wicks Group of Companies is a private investment firm based in New York City that invests in lower-middle-market companies operating in selected segments of the information, education, and media industries principally in the United States and Canada. Since its founding in 1989, Wicks has invested over $1 billion of capital in more than 30 platform companies and approximately 100 add-on acquisitions. The firm has applied a consistent investment strategy since its founding, partnering with high-quality, experienced management teams to build businesses organically and through acquisitions.

The Jordan Company, founded in 1982, is a middle-market private equity firm that manages funds with original capital commitments in excess of $8 billion with a 35-year track record of investing in and contributing to the growth of many businesses across a wide range of industries. The senior investment team has been investing together for over 20 years, and they are supported by the Operations Management Group, which was established in 1988 to initiate and support operational improvements in portfolio companies. Headquartered in New York, TJC also has offices in Chicago.