Yukon Supports Tenex Capital Management’s Investment in Behavioral Innovations
June 20 2024 - 7:00AM
Business Wire
Yukon Partners (“Yukon”), a provider of junior capital for
middle market private equity transactions, is pleased to announce
it has partnered with Tenex Capital Management (“Tenex”) to support
its investment in Behavioral Innovations (“BI” or the
“Company”).
BI is a leading provider of center-based Applied Behavior
Analysis (“ABA”) therapy to early intervention children with Autism
Spectrum Disorder (“ASD”) and other related developmental
disabilities. The Company was founded in 2000 and has grown to 77
centers across Texas, Oklahoma, and Colorado. BI offers
individualized treatment plans and parent education services aimed
at alleviating the symptoms of ASD and providing real-world
improvements in patients’ lives.
BI CEO, Dino Eliopoulos, commented, “We are extremely pleased to
partner with Tenex as we look to capitalize on BI’s compelling
growth potential through continued center expansion. Tenex is an
ideal partner for us given their emphasis on quality of care and
patient outcomes, operational prowess, shared vision, and track
record of success in executing upon accretive growth with companies
in similar situations as BI.”
“Dino and the entire BI team have built a phenomenal
organization centered on delivering exceptional patient outcomes,
and we are excited to support BI’s continued growth and footprint
expansion,” said Ryan MacIntyre, a Tenex Managing Director. He
added, “We’re also pleased to mark the start of another partnership
with the Yukon team.”
“BI’s focus on clinical quality and patient outcomes as well as
its proven approach to new center growth have positioned the
Company as one of the leading providers in an underpenetrated
industry,” said Elliot Lynch, a Principal at Yukon. “We are excited
to support the BI team and look forward to another successful
partnership with Tenex, whose experience in growing healthcare
services businesses will further enable BI to increase access to
care while ensuring a best-in-class clinical experience.”
Dorsey & Whitney LLP provided legal counsel to Yukon.
About Behavioral Innovations
Headquartered in Dallas, Texas, Behavioral Innovations provides
center-based ABA therapy to children with ASD and other related
developmental disabilities. The Company operates 77 centers across
Texas, Oklahoma, and Colorado. BI’s mission is to offer
client-centered, evidence-based behavioral therapy for patients
with autism in a nurturing learning environment, which has resulted
in exceptional clinical outcomes. For more information, please
visit: www.behavioral-innovations.com.
About Yukon Partners
Yukon Partners is an independent and unaffiliated junior capital
provider, primarily serving middle market private equity sponsor
led business transactions in the U.S. and Canada. The transactions
in which Yukon invests include buyouts, growth and platform
strategies, recapitalizations, mergers/acquisitions, and
public-to-private buyouts. Yukon typically invests up to $75
million per transaction and currently manages $2.6 billion across
five funds. Yukon Partners has offices in Minneapolis, Boston, and
West Palm Beach. For more information, please visit
www.yukonpartners.com.
About Tenex Capital Management
Tenex Capital Management is a private equity firm that invests
in middle market companies. Tenex uses an in-house team of hybrid
investment professionals skilled in operational leadership,
investing, and capital markets structuring to maximize long-term
value creation. Tenex’s deep operating experience allows the firm
to collaborate with management teams to capitalize on business and
market opportunities. Tenex has successfully invested in a diverse
range of industries, including diversified industrials, business
and tech-enabled services, and healthcare. For additional
information, please visit www.tenexcm.com.
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Elliot Lynch Principal Yukon Partners 612-435-7810