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Praesum Healthcare

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uuid0007ica

Namestring
Praesum Healthcare
Legal namestring
Praesum Healthcare Services, LLC
Company typeenum
Private
Founded yearint
2004
Descriptiontext

Praesum Healthcare Services, LLC is a multi-state behavioral health platform operating more than 30 addiction treatment and mental health facilities across six Eastern U.S. states (Massachusetts, New York, New Jersey, Pennsylvania, Georgia, and Florida). Founded in 2004 in Lake Worth Beach, Florida, the company delivers a full continuum of care including medical detoxification, residential treatment, structured sober living, intensive outpatient programs (IOP), partial hospitalization (PHP), and mental health services including FDA-approved Spravato (esketamine) for treatment-resistant depression. Praesum has served over 200,000 patients across its care continuum and operates through a portfolio of six sub-brands—Sunrise Detox Centers, The Counseling Center, Evolve Recovery Center, AffinityOne Structured Living, Beacon Point Recovery Center, and Abseil Heights—each targeting a distinct level of care or patient population.

The underlying platform is a Managed Services Organization (MSO) model that centralizes billing, revenue cycle management, human resources, sales, marketing, licensing/compliance, and finance across all facility brands. All facilities hold Joint Commission accreditation and CARF Level of Care certification, with state licensing in all six operating states and FDA REMS certification enabling Spravato administration. Praesum generates revenue primarily through insurance-reimbursed patient treatment services, holding in-network status with most major commercial insurers and accepting Medicare and Medicaid at select facilities. Patients are acquired via 24/7 helplines, insurance verification, referrals from hospital systems, and the VA Community Care Network; the company sells primarily to individual consumers seeking behavioral health treatment rather than to enterprise buyers.

Praesum was acquired by Mayfair Group out of Chapter 11 bankruptcy in early 2026 for $18.5 million, following a default on a $23 million City National Bank of Florida loan originated in May 2023. Under the acquisition terms, Mayfair Group provides long-term capital and operational stability while Praesum retains day-to-day operations, clinical decision-making, and regulatory oversight, with leadership including Interim CEO Lynda Micheletti (MHA, CAP) and COO Warren Connelly.

Short descriptiontext

Praesum Healthcare Services operates 30+ behavioral health and addiction treatment facilities across six Eastern U.S. states under a centralized MSO platform, delivering detox, residential, outpatient, and mental health care including Spravato. Acquired by Mayfair Group in early 2026 following Chapter 11 bankruptcy.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
101–250
akta.pro rankint
HeadquartersLake Worth, United States
HQ citystring
Lake Worth
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices2 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
addiction treatment services, behavioral health care, substance use disorder, medical detoxification, mental health treatment
Industry2 codes
1Substance Use Detoxification Centers (Medical Detox)
CodeHLAFACADPrimaryYes
2Behavioral Health–Capable Assisted Living (Mental Health/SUD Support)
CodeHLADABAIPrimaryNo
NAICS code3 codes
  • Psychiatric and Substance Abuse Hospitals62221
  • Nursing and Residential Care Facilities623
  • Other Residential Care Facilities6239
SIC code3 codes
  • Services-Health Services8000
  • Services-Misc Health & Allied Services, Nec8090
  • Services-Nursing & Personal Care Facilities8050
Product category
Behavioral Health Treatment Services
Social media profiles1 record
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1Patient Treatment Services
TypeManaged Services
Description

Revenue generated from providing behavioral health and addiction treatment services including medical detox, residential treatment, structured living, intensive outpatient programs, and mental health treatment. Services are primarily billed through insurance (in-network with most major providers) and include Medicare and Medicaid in certain facilities.

praesumhealthcare.com
Marketing channels4 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D, Others
Pricing details1 tier
1Insurance-based treatment services
ModelSubscriptionBilling cadenceMonthly
Notes

In-network with most major insurance providers; accepts Medicare and Medicaid at certain facilities

praesumhealthcare.com
GTM typeB2C
B2C
Offering typeServices
Services
Brand1 of 6 records shown
1Sunrise Detox Centers
Description

Medically supervised detoxification programs for alcohol, opiates, and prescription drugs across multiple states.

praesumhealthcare.com
+5 more records
Core offering1 text field

Praesum Healthcare provides behavioral health and addiction treatment services through a network of over thirty treatment centers across six Eastern U.S. states. Its continuum of care spans medical detoxification, residential treatment, structured sober living, intensive outpatient programs, partial hospitalization, mental health treatment, and REMS-certified Spravato administration for treatment-resistant depression, all delivered through six operating sub-brands and supported by a centralized Managed Services Organization (MSO) that provides billing, HR, sales, marketing, and financial operations to the facilities.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 2 values shown
  • 200,000+ patients served across the care continuum
+1 more record
Product overview1 text field

Praesum Healthcare operates a multi-state behavioral health and addiction treatment platform offering a full continuum of care including medical detoxification, residential addiction treatment, structured living programs, intensive outpatient services, and comprehensive mental health treatment. The portfolio includes six sub-brands: Sunrise Detox Centers (medical detox), The Counseling Center (outpatient mental health and addiction treatment with Spravato for treatment-resistant depression), Evolve Recovery Center (residential treatment), AffinityOne Structured Living (sober living), Beacon Point Recovery Center (acquired detox and residential), and Abseil Heights (inpatient psychiatric care for co-occurring disorders). The company operates over thirty treatment centers across six states (Massachusetts, New York, New Jersey, Pennsylvania, Georgia, and Florida) and has served well over 200,000 patients.

Product and service7 records
1Sunrise Detox Centers
CategoryMedical Detoxification Services
Description

Leading provider of medically supervised detoxification services offering safe, comfortable medical detox from alcohol, opiates, and most prescription drugs. Operates ten locations across New Jersey, Georgia, Florida, New York, Massachusetts, and Pennsylvania.

2The Counseling Center
CategoryOutpatient Mental Health and Addiction Treatment
Description

Comprehensive outpatient services offering medically supervised programs for mental health, addiction, alcoholism, and co-occurring mental health disorders. Operates 14 locations throughout New Jersey, New York, Massachusetts, and Georgia, including REMS-certified Spravato treatment for treatment-resistant depression.

3Evolve Recovery Center
CategoryResidential Addiction Treatment
Description

Accredited residential facilities treating the core mental and behavioral causes of substance use disorders. Four locations across Florida, Georgia, New Jersey, and Massachusetts.

4AffinityOne Structured Living
CategoryStructured Sober Living and Supportive Housing
Description

Structured, supportive housing environments supporting individuals transitioning from treatment to independent living, fostering community and ongoing support for sustained recovery.

5Beacon Point Recovery Center
CategoryMedical Detox and Residential Addiction Treatment
Description

Addiction treatment center providing evidence-based individualized medical detox and residential care for clients struggling with substance use and mental health disorders. Located in Philadelphia, Pennsylvania with 30-bed detox facility and 90 residential beds.

6Abseil Heights
CategoryInpatient Psychiatric Care
Description

Residential psychiatric care for individuals with co-occurring disorders. Planned 40- to 50-bed inpatient psychiatric facilities in New Jersey, Massachusetts, and Pennsylvania, designed to serve patients presenting with behavioral challenges in emergency departments.

7Spravato Treatment
CategoryFDA-Approved Psychiatric Treatment
Description

FDA-approved nasal spray treatment (esketamine) for treatment-resistant depression. Administered at The Counseling Center's REMS-certified facilities in Millbury, Massachusetts and all ten New Jersey locations under the Risk Evaluation and Mitigation Strategy program.

Scale indicator6 records

Each record includes

Type, Value, Description, Source

Recent move9 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeEmerging player
Description

PE-backed operator of residential and outpatient behavioral health programs including SUD and eating disorder treatment. Comparable continuum model and target demographic to Praesum, particularly in adolescent and adult residential segments.

TypeDirect peer
Description

Multi-state outpatient addiction treatment provider offering medication-assisted treatment, IOP, and counseling. Competes with Praesum's The Counseling Center for outpatient SUD and mental health patients, especially in the Eastern US.

TypeEmerging player
Description

Multi-state outpatient addiction treatment provider focused on medication-assisted treatment and integrated behavioral health. Comparable outpatient SUD model to The Counseling Center, with overlap in several of Praesum's Eastern states.

TypeEmerging player
Description

Tech-enabled outpatient addiction and mental health provider offering medication-assisted treatment and therapy. Represents the emerging tech-enabled outpatient competitor model that pressures traditional operators like Praesum's The Counseling Center.

TypeBroad incumbent
Description

Large publicly-traded behavioral health operator with inpatient psychiatric facilities and outpatient programs across the US. Competes with Praesum's Abseil Heights and The Counseling Center offerings but at substantially greater scale.

6CleanSlate Outpatient Addiction Medicine
TypeDirect peer
Description

Multi-state outpatient addiction medicine provider specializing in medication-assisted treatment. Directly competes with Praesum's outpatient SUD services in overlapping Eastern US geographies.

TypeBroad incumbent
Description

Large diversified hospital and behavioral health operator with significant inpatient psychiatric capacity. Competes with Praesum in psychiatric and co-occurring disorder treatment through its behavioral health segment.

TypeDirect peer
Description

Nonprofit provider of residential and outpatient addiction treatment with nationally recognized brand. Comparable full continuum of care model and CARF/Joint Commission accreditations, though Praesum operates on a for-profit, multi-state platform basis.

TypeDirect peer
Description

Public operator of multi-state addiction treatment facilities offering detox, residential, and outpatient services — direct competitor in the SUD treatment platform category with similar payer mix and geographic footprint.

TypeDirect peer
Description

PE-backed operator of residential and outpatient addiction treatment facilities. Comparable continuum-of-care model and payer mix to Praesum with overlapping geographic markets in the Eastern US.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks7 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers3 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment4 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile5 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles13 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries6 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

Compliance2 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Praesum Healthcare

Behavioral Health Treatment Servicespraesumhealthcare.com

Praesum Healthcare Services operates 30+ behavioral health and addiction treatment facilities across six Eastern U.S. states under a centralized MSO platform, delivering detox, residential, outpatient, and mental health care including Spravato. Acquired by Mayfair Group in early 2026 following Chapter 11 bankruptcy.

What Praesum Healthcare does

Praesum Healthcare Services, LLC is a multi-state behavioral health platform operating more than 30 addiction treatment and mental health facilities across six Eastern U.S. states (Massachusetts, New York, New Jersey, Pennsylvania, Georgia, and Florida). Founded in 2004 in Lake Worth Beach, Florida, the company delivers a full continuum of care including medical detoxification, residential treatment, structured sober living, intensive outpatient programs (IOP), partial hospitalization (PHP), and mental health services including FDA-approved Spravato (esketamine) for treatment-resistant depression. Praesum has served over 200,000 patients across its care continuum and operates through a portfolio of six sub-brands—Sunrise Detox Centers, The Counseling Center, Evolve Recovery Center, AffinityOne Structured Living, Beacon Point Recovery Center, and Abseil Heights—each targeting a distinct level of care or patient population.

The underlying platform is a Managed Services Organization (MSO) model that centralizes billing, revenue cycle management, human resources, sales, marketing, licensing/compliance, and finance across all facility brands. All facilities hold Joint Commission accreditation and CARF Level of Care certification, with state licensing in all six operating states and FDA REMS certification enabling Spravato administration. Praesum generates revenue primarily through insurance-reimbursed patient treatment services, holding in-network status with most major commercial insurers and accepting Medicare and Medicaid at select facilities. Patients are acquired via 24/7 helplines, insurance verification, referrals from hospital systems, and the VA Community Care Network; the company sells primarily to individual consumers seeking behavioral health treatment rather than to enterprise buyers.

Praesum was acquired by Mayfair Group out of Chapter 11 bankruptcy in early 2026 for $18.5 million, following a default on a $23 million City National Bank of Florida loan originated in May 2023. Under the acquisition terms, Mayfair Group provides long-term capital and operational stability while Praesum retains day-to-day operations, clinical decision-making, and regulatory oversight, with leadership including Interim CEO Lynda Micheletti (MHA, CAP) and COO Warren Connelly.

Praesum Healthcare firmographics

Firmographics
Name
Praesum Healthcare
Legal name
Praesum Healthcare Services, LLC
Website
https://praesumhealthcare.com
Company type
Private
Founded year
2004
Operating status
Operating
Headcount range
101–250 employees
Short description
Praesum Healthcare Services operates 30+ behavioral health and addiction treatment facilities across six Eastern U.S. states under a centralized MSO platform, delivering detox, residential, outpatient, and mental health care including Spravato. Acquired by Mayfair Group in early 2026 following Chapter 11 bankruptcy.
Ownership category
akta.pro rank

Praesum Healthcare industry classification

Industry
Product category
Behavioral Health Treatment Services
NAICS
Psychiatric and Substance Abuse Hospitals (62221), Nursing and Residential Care Facilities (623), Other Residential Care Facilities (6239)
SIC
Services-Health Services (8000), Services-Misc Health & Allied Services, Nec (8090), Services-Nursing & Personal Care Facilities (8050)
akta.pro primary industry
Substance Use Detoxification Centers (Medical Detox) (HLAFACAD)
akta.pro secondary industry
Behavioral Health–Capable Assisted Living (Mental Health/SUD Support) (HLADABAI)

Keywords

  • Addiction treatment services
  • Behavioral health care
  • Substance use disorder
  • Medical detoxification
  • Mental health treatment

Where Praesum Healthcare is headquartered

Location

Headquarters

HQ city
Lake Worth
HQ country
United States
HQ region
North America

Offices2 records

Markets served

Praesum Healthcare business model

Business model
GTM type
B2C
Offering type
Services
Cost components
Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D, Others

Revenue model

  1. Patient Treatment Services: Revenue generated from providing behavioral health and addiction treatment services including medical detox, residential treatment, structured living, intensive outpatient programs, and mental health treatment. Services are primarily billed through insurance (in-network with most major providers) and include Medicare and Medicaid in certain facilities.

Pricing tiers

ModelBillingPrice
SubscriptionMonthlyInsurance-based treatment services

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Praesum Healthcare product offering

Product offering

Core offering

Praesum Healthcare provides behavioral health and addiction treatment services through a network of over thirty treatment centers across six Eastern U.S. states. Its continuum of care spans medical detoxification, residential treatment, structured sober living, intensive outpatient programs, partial hospitalization, mental health treatment, and REMS-certified Spravato administration for treatment-resistant depression, all delivered through six operating sub-brands and supported by a centralized Managed Services Organization (MSO) that provides billing, HR, sales, marketing, and financial operations to the facilities.

Product overview

Praesum Healthcare operates a multi-state behavioral health and addiction treatment platform offering a full continuum of care including medical detoxification, residential addiction treatment, structured living programs, intensive outpatient services, and comprehensive mental health treatment. The portfolio includes six sub-brands: Sunrise Detox Centers (medical detox), The Counseling Center (outpatient mental health and addiction treatment with Spravato for treatment-resistant depression), Evolve Recovery Center (residential treatment), AffinityOne Structured Living (sober living), Beacon Point Recovery Center (acquired detox and residential), and Abseil Heights (inpatient psychiatric care for co-occurring disorders). The company operates over thirty treatment centers across six states (Massachusetts, New York, New Jersey, Pennsylvania, Georgia, and Florida) and has served well over 200,000 patients.

Differentiator

Problem solved

Functional benefit

Brands

  • Sunrise Detox Centers: Medically supervised detoxification programs for alcohol, opiates, and prescription drugs across multiple states.
  • The Counseling Center
  • Evolve Recovery Center
  • AffinityOne Structured Living
  • Beacon Point Recovery Center
  • Abseil Heights

Products and services

  • Sunrise Detox Centers Leading provider of medically supervised detoxification services offering safe, comfortable medical detox from alcohol, opiates, and most prescription drugs. Operates ten locations across New Jersey, Georgia, Florida, New York, Massachusetts, and Pennsylvania.
  • The Counseling Center Comprehensive outpatient services offering medically supervised programs for mental health, addiction, alcoholism, and co-occurring mental health disorders. Operates 14 locations throughout New Jersey, New York, Massachusetts, and Georgia, including REMS-certified Spravato treatment for treatment-resistant depression.
  • Evolve Recovery Center Accredited residential facilities treating the core mental and behavioral causes of substance use disorders. Four locations across Florida, Georgia, New Jersey, and Massachusetts.
  • AffinityOne Structured Living Structured, supportive housing environments supporting individuals transitioning from treatment to independent living, fostering community and ongoing support for sustained recovery.
  • Beacon Point Recovery Center Addiction treatment center providing evidence-based individualized medical detox and residential care for clients struggling with substance use and mental health disorders. Located in Philadelphia, Pennsylvania with 30-bed detox facility and 90 residential beds.
  • Abseil Heights Residential psychiatric care for individuals with co-occurring disorders. Planned 40- to 50-bed inpatient psychiatric facilities in New Jersey, Massachusetts, and Pennsylvania, designed to serve patients presenting with behavioral challenges in emergency departments.
  • Spravato Treatment FDA-approved nasal spray treatment (esketamine) for treatment-resistant depression. Administered at The Counseling Center's REMS-certified facilities in Millbury, Massachusetts and all ten New Jersey locations under the Risk Evaluation and Mitigation Strategy program.

Quantifiable outcome

  • 200,000+ patients served across the care continuum
  • +1 more outcomes

Companies that use Praesum Healthcare

Customer profile

Named customers3 records

Segments4 records

Ideal customer profiles5 records

Praesum Healthcare technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Praesum Healthcare partnerships and signals

Strategic signal

Scale indicators6 records

Recent moves9 records

Expansion highlights6 records

Praesum Healthcare competitors and assessment

Company assessment

Emerging players

  • Discovery Behavioral Health: PE-backed operator of residential and outpatient behavioral health programs including SUD and eating disorder treatment. Comparable continuum model and target demographic to Praesum, particularly in adolescent and adult residential segments.
  • Spero Health: Multi-state outpatient addiction treatment provider focused on medication-assisted treatment and integrated behavioral health. Comparable outpatient SUD model to The Counseling Center, with overlap in several of Praesum's Eastern states.
  • Eleanor Health: Tech-enabled outpatient addiction and mental health provider offering medication-assisted treatment and therapy. Represents the emerging tech-enabled outpatient competitor model that pressures traditional operators like Praesum's The Counseling Center.

Direct peers

  • BrightView Health: Multi-state outpatient addiction treatment provider offering medication-assisted treatment, IOP, and counseling. Competes with Praesum's The Counseling Center for outpatient SUD and mental health patients, especially in the Eastern US.
  • CleanSlate Outpatient Addiction Medicine: Multi-state outpatient addiction medicine provider specializing in medication-assisted treatment. Directly competes with Praesum's outpatient SUD services in overlapping Eastern US geographies.
  • Hazelden Betty Ford Foundation: Nonprofit provider of residential and outpatient addiction treatment with nationally recognized brand. Comparable full continuum of care model and CARF/Joint Commission accreditations, though Praesum operates on a for-profit, multi-state platform basis.
  • American Addiction Centers: Public operator of multi-state addiction treatment facilities offering detox, residential, and outpatient services — direct competitor in the SUD treatment platform category with similar payer mix and geographic footprint.
  • Summit Behavioral Health: PE-backed operator of residential and outpatient addiction treatment facilities. Comparable continuum-of-care model and payer mix to Praesum with overlapping geographic markets in the Eastern US.

Broad incumbents

  • Acadia Healthcare: Large publicly-traded behavioral health operator with inpatient psychiatric facilities and outpatient programs across the US. Competes with Praesum's Abseil Heights and The Counseling Center offerings but at substantially greater scale.
  • Universal Health Services: Large diversified hospital and behavioral health operator with significant inpatient psychiatric capacity. Competes with Praesum in psychiatric and co-occurring disorder treatment through its behavioral health segment.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

Praesum Healthcare social profiles

Digital presence

Praesum Healthcare compliance and trust

Trust signal

Compliance2 records

Praesum Healthcare financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Praesum Healthcare leadership team

Management profile

Number of profiles

Profiles13 records

Praesum Healthcare subsidiaries and ownership

Company hierarchy

Subsidiaries6 records

Praesum Healthcare funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Praesum Healthcare M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Praesum Healthcare

What does Praesum Healthcare do?

Praesum Healthcare provides behavioral health and addiction treatment services through a network of over thirty treatment centers across six Eastern U.S. states. Its continuum of care spans medical detoxification, residential treatment, structured sober living, intensive outpatient programs, partial hospitalization, mental health treatment, and REMS-certified Spravato administration for treatment-resistant depression, all delivered through six operating sub-brands and supported by a centralized Managed Services Organization (MSO) that provides billing, HR, sales, marketing, and financial operations to the facilities.

Is Praesum Healthcare a public or private company?

Praesum Healthcare is a private company. It is classified as private equity controlled and is currently operating.

When was Praesum Healthcare founded?

Praesum Healthcare was founded in 2004. It employs 101 to 250 people.

Where is Praesum Healthcare based?

Praesum Healthcare is headquartered in Lake Worth, United States, in the North America region.

How does Praesum Healthcare make money?

One revenue line is on record: patient Treatment Services.

Who are Praesum Healthcare's main competitors?

Emerging players on record are Discovery Behavioral Health, Spero Health and Eleanor Health. Direct peers are BrightView Health, CleanSlate Outpatient Addiction Medicine, Hazelden Betty Ford Foundation, American Addiction Centers and Summit Behavioral Health. Broad incumbents are Acadia Healthcare and Universal Health Services.

Does Praesum Healthcare have an API?

No public API is recorded for Praesum Healthcare.

What industry is Praesum Healthcare in?

Praesum Healthcare's product category is Behavioral Health Treatment Services. Its primary akta.pro industry code is HLAFACAD, Substance Use Detoxification Centers (Medical Detox), with a secondary code of HLADABAI, Behavioral Health–Capable Assisted Living (Mental Health/SUD Support). Its NAICS code is 62221 and its SIC code is 8000.

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Live signals
MertztaggartQ1 2026 Behavioral Health M&A ReportThe behavioral health sector recorded 42 closed M&A transactions in Q1 2026 — 34 traditional deals and 8 growth deals with a combined disclosed value of approximately $535.7 million — representing a rebound from Q4 2025's 29 traditional deals but still below Q1 2025's 40 deals. Mental health led sub-sector activity with 19 traditional deals, followed by Autism/IDD with 10 and Addiction Treatment with 5. Notable transactions included Mayfair Group's $18.5 million acquisition of Praesum Healthcare out of Chapter 11 bankruptcy and Universal Health Services' announced $835 million deal to acquire Talkspace, expected to close in Q3 2026.PraesumhealthcarePraesum Healthcare Services Announces Acquisition by Mayfair GroupPraesum Healthcare Services, a multi-state behavioral health and addiction treatment provider operating more than thirty centers across the Eastern United States, has announced its acquisition by Mayfair Group, an investment and operating partner. Under the terms of the transaction, Praesum will retain responsibility for day-to-day operations, clinical decision-making, and regulatory oversight while Mayfair Group will provide long-term capital support and operational stability. The acquisition positions Praesum to continue advancing its continuum of care while expanding access to addiction treatment and behavioral health services across the region.BhbusinessGroup Pays $18.5M for Praesum Healthcare in Bankruptcy AuctionPraesum Healthcare has been acquired out of Chapter 11 bankruptcy by the Mayfair Group (Mayfair/Mandi Group) for $18.5 million in a court-approved auction conducted by Bailey & Co. on January 16, after the company defaulted on a $23 million loan issued by City National Bank of Florida in May 2023. The acquisition price was reduced from the original $20 million letter of intent, and the buyer will take on nearly all of Praesum's assets excluding cash on hand, litigation claims, and D&O insurance proceeds. City National Bank of Florida obtained a $20.7 million judgment against former owner Timothy Doran in Miami-Dade County circuit court in November 2025.