News Release
October 15, 2015
Croft & Bender serves as Financial Advisor to Northstar Psychological Services in its sale to Community Intervention Services
has been acquired by
NPS is a leading provider of community-based outpatient clinical behavioral health services.
About
NPS is a leading provider of community-based outpatient clinical behavioral health services.
Situation
The Company engaged Croft & Bender to evaluate its strategic alternatives, which included valuing the Company, drafting the offering memorandum and related materials, marketing the Company, selecting a partner, and negotiating the transaction. Early in the marketing process, the Company received an attractive offer from Community Intervention Services (“CIS”), a portfolio company of H.I.G. Capital.
Result
Croft & Bender successfully negotiated the sale of the Company to CIS.