MBF Healthcare Partners II has announced it sold Acorn Health to Ontario Teachers’ Pension Plan Board.
Acorn Health, based in Coral Gables, Fla., is a provider of applied behavior analysis therapy to children with autism spectrum disorder. Founded in 2018, the company serves more than 1,300 families and operates a network of 51 clinics across seven states.
MBF Healthcare Partners II, based in Coral Gables, Fla., is a middle market healthcare-focused private equity firm. Founded in 2005, the firm typically purses control equity and growth equity investments of $10 million to $50 million.
Ontario Teachers’, based in Toronto, Canada, is the administrator of one of Canada’s largest single-profession pension plans.
Terms of the transaction were not disclosed.