Calex Partners Advises Acorn Health on its Acquisition by Ontario Teachers'

Calex served as the exclusive financial advisor to Acorn Health and MBF Healthcare Partners

“Jon Krieger and his team were trusted and valued partners throughout the Acorn transaction process, understanding the goals and objectives of both the sponsor and the management team. Their depth of knowledge of the autism sector is unparalleled. They understood the dynamics of our business completely and knew exactly how to convey our value proposition to potential buyers. This enabled Calex to highlight Acorn’s full potential throughout the process and drive an exceptional outcome. Jon did exactly what he said he would do, and the entire journey, from process to timing to outcome, played out exactly as he said it would. Most importantly, Calex aligned us with the best go-forward partner for Acorn. The Jon you get pre-transaction is the same Jon who shows up during the most challenging stage of diligence - whether late at night or on a Sunday afternoon - consistently bringing patience, wisdom, and guidance to each stage of the process.”
— Vicki Kroviak
Founder and Chief Executive Officer

Ontario Teachers' Pension Plan Board (Ontario Teachers'), today announced the acquisition of a majority stake in Acorn Health, a leading national provider of Applied Behavior Analysis (ABA) therapy for children diagnosed with Autism Spectrum Disorder (ASD).

As part of the transaction, Acorn Health founder and Chief Executive Officer, Vicki Kroviak, as well as other senior management, will retain a meaningful ownership stake in the company. MBF Healthcare Partners II, L.P., who have supported Acorn Health since its founding in 2018, will sell its ownership stake and fully exit the business. Terms of the transaction are not being disclosed.

Acorn Health’s mission is to provide life-changing ABA therapy services to children diagnosed with autism. They operate a network of 51 clinics across 7 U.S. states and provide both center-based and in-home services.