Ascend Capital Partners Takes a Step Forward
In a significant move within the healthcare sector, Ascend Capital Partners has secured a majority stake in Unison Therapy Services, a renowned provider specializing in therapy for children. This acquisition signifies a commitment to enhancing healthcare accessibility for children in need.
About Unison Therapy Services
Unison Therapy Services has been a vital player in therapy provision since its inception in 1989. The organization specializes in offering essential therapy services to children facing developmental and speech challenges, including those on the autism spectrum. Their multi-disciplinary approach ensures that children receive comprehensive care tailored to their unique needs.
Therapeutic Services Offered
Unison provides a diverse range of therapeutic services, from speech therapy and behavioral health to psychology and physical therapy. Their dedicated clinicians work collaboratively to ensure that each child benefits from a coordinated care strategy, addressing various needs that could hinder their educational experience.
Enhancing Access Through Strategic Investment
With this acquisition, Ascend Capital Partners aims to inject both operational and clinical expertise into Unison, allowing the latter to refine its service delivery. The partnership will facilitate more effective methods for delivering therapy to children, expanding the reach and quality of services available.
Commitment to Vulnerable Populations
Ascend Capital Partners prioritizes improving healthcare access, affordability, and quality, especially for underserved populations. Their partnership with Unison is a direct reflection of this mission, ensuring that more children receive the necessary therapeutic support within educational settings.
A Bright Future for Unison
As both organizations embark on this journey together, the expectations for Unison’s growth and impact in the community are substantial. Unison’s leadership, including CEO Todd Ezrine, has expressed excitement about the additional resources and support Ascend brings to their mission, emphasizing a shared vision of excellent care.
Core Values Driving Change
Unison’s operation is guided by core values such as Compassion, Accountability, Resilience, and Excellence. This commitment to values not only enhances their therapeutic services but also solidifies their reputation as a trusted partner among school districts and communities striving to support students’ needs.
What This Means for Students and Families
The collaboration between Ascend Capital Partners and Unison Therapy Services positions them to make substantial strides in providing high-quality clinical care. Enhanced capabilities will lead to improved access to essential services for many children across the United States, positively impacting their educational journeys.
Legal and Financial Aspects of the Deal
This acquisition is notable as it marks a pivotal investment from Ascend's Fund II. While the financial specifics have not been disclosed, the strategic implications of this partnership are poised to yield considerable benefits for both firms and the communities they serve.
About Ascend Capital Partners
Founded in 2019, Ascend Capital Partners operates with the intention of creating thriving communities by investing in healthcare-oriented ventures that aim to uplift vulnerable populations. The firm is co-led by In Seon Hwang and Dr. Richard Park, both of whom bring extensive experience in the healthcare space.
About Unison Therapy Services
Unison Therapy Services stands out as one of the largest outsourced therapy providers catering to Pre-K through 12 students in community-based and school settings. Their mission is to deliver essential therapeutic services that address the educational needs of children in underserved areas.
Frequently Asked Questions
What inspired Ascend Capital Partners to acquire Unison?
The acquisition aligns with Ascend’s mission to improve healthcare access and quality for underserved populations, particularly children in need of therapy.
What types of services does Unison provide?
Unison provides a range of therapeutic services, including speech therapy, behavioral health support, psychology, and physical and occupational therapy.
How will Ascend support Unison following the acquisition?
Ascend will offer operational and clinical expertise to streamline and enhance Unison's service delivery, ultimately aiming to expand access to therapy for students.
What values guide Unison's work?
Unison operates based on core values such as Compassion, Accountability, Resilience, and Excellence, which underpin their commitment to quality care.
When did the acquisition take place?
The specific date of the acquisition has not been disclosed, but it is part of Ascend's ongoing investment strategy through their Fund II.
