Harris Williams Advises Hopebridge, LLC on its Sale to Arsenal Capital Partners

May 7, 2019

Harris Williams, a global investment bank specializing in M&A advisory services, announces that it advised Hopebridge, LLC (Hopebridge), a portfolio company of Baird Capital, on its sale to Arsenal Capital Partners (Arsenal). Hopebridge is a leading provider of pediatric autism treatment services. The transaction was led by Whit Knier, James Clark, Taylor Will and Zach Prohaska of Harris Williams’ Healthcare & Life Sciences (HCLS) Group.

“With one in 59 children today diagnosed on the autism spectrum, Hopebridge is an essential participant in meeting the unmet demand for applied behavioral analysis (ABA) therapy services across the country,” said Whit Knier, a director at Harris Williams. “With the help of Baird Capital, Hopebridge has established itself as a clinical leader in the industry with a proven track record for achieving life-changing outcomes for its children and their families.  In Arsenal, Hopebridge has found an ideal partner to help it further scale its center-based treatment model and continue to provide essential services to children in need.”

“We look forward to following Hopebridge’s continued success as the company positively alters the lives of this underserved population,” said James Clark, a managing director at Harris Williams. “The Hopebridge management team’s mission-driven approach to serving the children and families under its care has created a truly unique model, and it was a pleasure to represent them on this successful transaction.”

Hopebridge was founded in 2005 to serve the growing need for autism treatment services and to improve the lives of affected children and families. Hopebridge is committed to providing diagnostic services; personalized outpatient ABA; and occupational, physical, feeding and speech therapies for children touched by Autism Spectrum Disorder, behavioral, physical, social, communication and sensory challenges. Hopebridge provides a trusted place where they can receive the care, support and hope they deserve.

More than a decade later, Hopebridge continues to open state-of-the-art autism therapy centers in new communities to reach patients and families who need their services. Headquartered in Indianapolis, Hopebridge now operates in four states: Indiana, Kentucky, Ohio and Georgia.

Baird Capital makes venture capital, growth equity and private equity investments in strategically targeted sectors around the world. Having invested in more than 300 companies over its history, Baird Capital partners with entrepreneurs and, leveraging its executive networks, strives to build exceptional companies. Baird Capital provides operational support to its portfolio companies through teams on the ground in the United States, Europe and Asia, a proactive portfolio operations team and a deep network of relationships, which together strive to deliver enhanced shareholder value. Baird Capital is the direct private investment arm of Robert W. Baird & Co. Incorporated.

Arsenal is a leading private equity firm that specializes in investments in middle market specialty industrials and healthcare companies. Since its inception in 2000, Arsenal has raised institutional equity investment funds of $5.3 billion, completed 41 platform investments and achieved 30 realizations. Arsenal invests in industry sectors in which the firm has significant prior knowledge and experience and seeks companies typically in the range of $100 million to $500 million of initial enterprise value. The firm works with management teams to build strategically important companies with leading market positions, high growth and high value-add.

Harris Williams, an investment bank specializing in M&A advisory services, advocates for sellers and buyers of companies worldwide through critical milestones and provides thoughtful advice during the lives of their businesses. By collaborating as one firm across Industry Groups and geographies, the firm helps its clients achieve outcomes that support their objectives and strategically create value. Harris Williams is committed to execution excellence and to building enduring, valued relationships that are based on mutual trust. Harris Williams is a subsidiary of the PNC Financial Services Group, Inc. (NYSE: PNC).

Harris Williams’ HCLS Group has experience across a broad range of sectors, including medical devices, products and distribution; multi-site and retail healthcare providers; alternate site care; healthcare IT; managed care and cost containment services; outsourced clinical services; and outsourced pharma services.  For more information on the HCLS Group and other recent transactions, visit the HCLS Group’s section of the Harris Williams website.

Harris Williams LLC is a registered broker-dealer and member of FINRA and SIPC. Harris Williams & Co. Ltd is a private limited company incorporated under English law with its registered office at 5th Floor, 6 St. Andrew Street, London EC4A 3AE, UK, registered with the Registrar of Companies for England and Wales (registration number 07078852). Harris Williams & Co. Ltd is authorized and regulated by the Financial Conduct Authority. Harris Williams & Co. Corporate Finance Advisors GmbH is registered in the commercial register of the local court of Frankfurt am Main, Germany, under HRB 107540. The registered address is Bockenheimer Landstrasse 33-35, 60325 Frankfurt am Main, Germany (email address: hwgermany@harriswilliams.com). Geschäftsführer/Directors: Jeffery H. Perkins, Paul Poggi. (VAT No. awaited). Harris Williams is a trade name under which Harris Williams LLC, Harris Williams & Co. Ltd and Harris Williams & Co. Corporate Finance Advisors GmbH conduct business.