Pharos Capital Group announced it has acquired Behavior Care Specialists.
Behavior Care Specialists, based in Sioux Falls, S.D., is an outpatient treatment provider of autism spectrum disorder services in four states: South Dakota, Iowa, Minnesota and Wyoming.
Pharos Capital, with offices in Dallas and Nashville, considers a variety of investments in lower- and middle-market companies primarily in healthcare and business services.
The acquisition was completed through Pharos Capital’s Family Treatment Network platform, which manage the firm’s investments in special schools, psychiatric residential treatment centers and community-based programs for children, adolescents and their families.
Terms of the transaction were not disclosed.