BDO Capital Advisors Announces the Partnership Between Infinity Behavioral Health and Thompson Street Capital Partners

Boston, MA - March 16, 2015 - BDO Capital Advisors, LLC is pleased to announce that Thompson Street Capital Partners (“TSCP”) has partnered with management to acquire Infinity Behavioral Health Services, Inc. (“Infinity” or “the Company”). As the exclusive financial advisor to Infinity, BDO Capital contacted a targeted group of potential investors with significant healthcare experience to partner with management.

Together with management, BDO Capital facilitated management presentations with a select group of interested parties. The Company selected TSCP as the preferred buyer of the business. BDO Capital assisted management in structuring and negotiating the transaction which provides for a retained equity ownership for management. Infinity, founded in 2011 and located in Fort Lauderdale, Florida, is a revenue cycle management company (“RCM”) servicing the behavioral health industry. Infinity’s solutions span the entire revenue cycle continuum including utilization review, dispute resolution and claims submission. The Company’s bundled solution and highly consultative approach provide the strongest value proposition in the behavioral health space.

TSCP is a private equity firm based in St. Louis, MO. Founded in 2000, TSCP has managed more than $800 million in private equity capital and is currently investing its third fund. The senior management team has worked together for 15 years, completing more than 100 acquisitions in over 35 industries.

Jim Cooper, Senior Managing Partner, TSCP, said, “We’re looking forward to partnering with management to support Infinity’s rapid growth and to build upon Infinity’s industry-wide reputation for superior service and results.” Added Cooper, “Infinity has achieved remarkable success by offering a unique, clinical approach to RCM services that results in enhanced collections and a better patient experience. This differentiated approach allows clients to focus on clinical outcomes rather than client billing, making Infinity a leader in this field.”

This transaction was overseen by Managing Director Valentina Midura, Vice President Patrick Bisceglia and Analyst Doug Janeczek, all based in BDO Capital’s Boston office.
 

ABOUT BDO CAPITAL ADVISORS, LLC
BDO Capital Advisors, LLC is a leading middle market investment bank that focuses on mergers and acquisitions advisory, capital raising, and board advisory with offices located throughout the United States. The firm has deep industry knowledge, extensive cross-border transaction experience, and superior execution capabilities. BDO Capital Advisors, LLC provides sell-side and acquisition advisory, ESOP advisory, private placements, fairness opinions, and capital markets advisory. The firm has broad industry expertise and contacts having closed transactions within the Manufacturing & Distribution, Consumer, Food & Retail, Healthcare & Life Sciences, Business Services, Energy & Natural Resources, and Technology, Media & Telecom sectors. Our seasoned investment bankers have collectively advised on hundreds of transactions for a variety of clients including family-owned businesses, entrepreneur-led companies, public corporations, and leading private equity firms.

The firm has worldwide access to buyers, sellers, and offshore investors via the Corporate Finance practices of BDO International’s network of independent member firms which have been ranked collectively as a Top 5 global M&A midmarket advisor based on total deal volume announced in 2016, according to Thomson Reuters SDC. BDO International Corporate Finance firms operate in approximately 60 countries with over 2,000 professionals who are able to meet the investment banking needs of clients across the globe.