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Civitas Solutions

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Civitas Solutions
Websiteurl
https://civitas-solutions.com/
Company typeenum
Private
Founded yearint
1980
Ownership categoryenum
Headcount rangeband
5,001–10,000
akta.pro rankint
HeadquartersBoston, United States
HQ citystring
Boston
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

No data
Social media profiles1 record
No data
Differentiator
Functional benefit
Problem solved
No data
Market position
Customer concentration

Classification, Details

No data
API detail

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
No data
No data
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&A6 records

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 →

Civitas Solutions

civitas-solutions.com

Civitas Solutions firmographics

Firmographics
Name
Civitas Solutions
Website
https://civitas-solutions.com/
Company type
Private
Founded year
1980
Headcount range
5,001–10,000 employees
Ownership category
akta.pro rank

Where Civitas Solutions is headquartered

Location

Headquarters

HQ city
Boston
HQ country
United States
HQ region
North America

Markets served

Civitas Solutions technology and API

Technology

API detail

API docs
API detail

Core technology

AI maturity

App detail

Civitas Solutions competitors and assessment

Company assessment

Market position

Customer concentration

Civitas Solutions social profiles

Digital presence

Civitas Solutions financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Civitas Solutions leadership team

Management profile

Number of profiles

Civitas Solutions funding detail

Funding detail

Funding overview

Funding rounds

Investors

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

Civitas Solutions M&A and investment

M&A and investment

M&A6 records

Investments

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

Frequently asked questions about Civitas Solutions

When was Civitas Solutions founded?

Civitas Solutions was founded in 1980. It employs 5,001 to 10,000 people.

Where is Civitas Solutions based?

Civitas Solutions is headquartered in Boston, United States, in the North America region.

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PR NewswireSHAREHOLDER ALERT: WeissLaw LLP Investigates Civitas Solutions, Inc.WeissLaw LLP is investigating Civitas Solutions, Inc. for potential breaches of fiduciary duty by its Board of Directors regarding the proposed acquisition by Centerbridge Partners, L.P., where shareholders will receive $17.75 per share. The investigation focuses on whether the Board maximized shareholder value given recent positive financial results, specifically an adjusted EBITDA increase of 21.4% year-over-year to $46.2 million. WeissLaw is assessing if the acquisition undervalues the company and if all material information was fairly disclosed.PR NewswireCIVITAS INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Civitas Solutions, Inc. - CIVILaw firm Kahn Swick & Foti, LLC is investigating the proposed sale of Civitas Solutions, Inc. to funds advised by Centerbridge Partners, L.P., questioning whether the $17.75 per share cash consideration adequately reflects the company's value. The investigation focuses on determining if the transaction process and price are fair to Civitas shareholders. Shareholders are being contacted to discuss their legal rights regarding this potential undervaluation.PR NewswireALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Civitas Solutions, Inc.Rowley Law PLLC has announced an investigation into potential claims against Civitas Solutions, Inc. and its board of directors concerning a proposed acquisition by Centerbridge Partners, L.P. Stockholders of Civitas Solutions would receive $17.75 per share under the deal, valuing the transaction at approximately $1.4 billion with an expected close by the end of Q2 2019. The law firm is inviting interested stockholders to contact them for additional information regarding the investigation.PR NewswireCivitas (CIVI) Alert: Johnson Fistel Investigates Proposed Sale of Civitas Solutions, Inc. to Centerbridge Partners, L.P.; Are Shareholders Getting a Fair Deal?Shareholder rights law firm Johnson Fistel launched an investigation on December 18, 2018, into the proposed acquisition of Civitas Solutions, Inc. by Centerbridge Partners, L.P. for $17.75 per share in cash. The investigation focuses on whether Civitas's board breached its fiduciary duties by failing to pursue adequate alternatives and secure the best possible price for shareholders, particularly given that at least one analyst has set a $20.00 price target on the stock. The law firm is inviting Civitas shareholders who believe the buyout price is insufficient to contact them regarding the investigation and potential legal remedies.PR NewswireCIVITAS INVESTIGATION INITIATED BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Civitas Solutions, Inc. - CIVILaw firm Kahn Swick & Foti announced an investigation into Civitas Solutions, Inc. regarding potential breaches of fiduciary duties by its officers and directors. The investigation follows years of scrutiny of Civitas, particularly through its subsidiary The MENTOR Network, including an October 2017 U.S. Senate Finance Committee report that documented widespread deficiencies in foster care services, including cases of abuse, neglect, unreported fatalities, and $19.5 million in settlement payments in Illinois alone. Shareholders holding long-term positions in Civitas shares can contact the firm to discuss potential legal claims.PR NewswireALERT: Rowley Law PLLC is Investigating Potential Breach of Fiduciary Duty by Officers and Directors of Civitas Solutions, Inc.Rowley Law PLLC has initiated an investigation into potential breach of fiduciary duty claims against the directors and officers of Civitas Solutions, Inc. The firm is soliciting shareholders of Civitas Solutions to contact them for more information regarding this corporate litigation matter.Renaissance CapitalSpecial needs provider Civitas Solutions sets terms for $252 million IPOCivitas Solutions, a Boston-based provider of non-institutional care services for individuals with developmental disabilities, announced terms for its IPO on September 3, 2014, planning to raise $252 million by offering 11.7 million shares at $20-$23 each. At the midpoint, the company would command a fully diluted market value of $805 million, with proceeds used to pay down debt to approximately $600 million. The company serves over 28,500 clients across 36 states with 90% of revenue from government contracts and has made 36 acquisitions since 2009, booking $1.2 billion in sales for the trailing twelve months.