NEW YORK--(BUSINESS WIRE)--Ascend Capital Partners (“Ascend”), a healthcare focused private equity firm dedicated to improving the access, affordability and quality of healthcare for vulnerable and underserved populations, today announced that it has acquired a majority stake in Unison Therapy Services (“Unison”), one of the largest outsourced therapy providers for Pre-K – 12 students in school- and community-based settings.
Unison, founded in 1989, is a multi-disciplinary provider of therapy services for children with developmental and speech delays, autism, social and emotional developmental needs, and behavioral challenges. Unison’s network of clinicians works collaboratively to satisfy a child’s special education needs across multiple therapeutic services including speech therapy, behavioral health, psychology, and physical and occupational therapy.
Through its investment, Ascend will provide Unison with both operational and clinical expertise, driving enhanced therapy solutions and expanded access to therapeutic services for students and families. Unison will also benefit from Ascend’s capabilities, creating more efficient and effective methods of delivering high-quality care.
“We are excited to announce our investment in Unison, which has built impressive relationships delivering comprehensive, exceptional care solutions to school districts and communities,” said In Seon Hwang, Co-Founder and Managing Partner of Ascend Capital Partners. “Unison’s focus on underserved students is highly aligned with Ascend’s mission to serve vulnerable populations with better access to high-quality clinical care, and we look forward to partnering to make a lasting impact for students in need.”
“This partnership is a pivotal milestone for Unison, positioning us to leverage Ascend’s clinical expertise, infrastructure and support in our next phase of growth,” said Todd Ezrine, Chief Executive Officer at Unison. “Today’s announcement reflects the strength of our team and the important work we do to provide therapies for students in need, guided by our core values of Compassion, Accountability, Resilience and Excellence.”
“With enhanced capabilities and support, Unison will be even better equipped to drive positive change in the lives of children and their families,” said Alok Sanghvi, Senior Advisor to Ascend on the acquisition. “In this next chapter for Unison, we will partner to drive access to exceptional clinical care for more students and families across the United States.”
This acquisition is the latest investment out of Ascend Capital Partners’ Fund II. Kirkland & Ellis served as legal counsel to Ascend Capital Partners. The financial terms of the transaction were not disclosed.
About Ascend Capital Partners
Ascend Capital Partners is a growth-oriented, healthcare-focused private equity partnership whose mission is to build thriving communities by investing in companies and entrepreneurs who are improving healthcare access, affordability and quality for vulnerable and underserved populations. Founded in 2019, Ascend is led by co-founders In Seon Hwang, former global head of Healthcare at Warburg Pincus and member of the Executive Management Group, and Dr. Richard Park, founder and former CEO of CityMD, a leading patient-centric healthcare services company in New York and New Jersey. For more information, please visit www.ascendpartners.com.
About Unison Therapy Services
Unison Therapy Services is one of the largest outsourced therapy providers for underserved students in the California market. Founded in 1989, Unison provides Pre-K – 12 therapeutic services in school- and community-based settings. The Company outsources its network of clinicians to meet school district and community-based demand. Visit www.unisontherapyservices.com to learn more.
