Acquiring Company
PAX Health
Acquired Company
Richardson Psychiatric Associates
Description
PAX Health has acquired Richardson Psychiatric Associates to expand its mental health services. This acquisition enhances PAX's portfolio and geographic footprint in Western Pennsylvania. The integration aims to deliver customized behavioral health solutions while maintaining Richardson's patient care approach. This is a strategic move supported by private equity firms to grow PAX's presence.
Quick answer
PAX Health is acquiring Richardson Psychiatric Associates, announced April 17, 2025. PAX Health is based in Red Bank, New Jersey, United States.
- How much did PAX Health pay for Richardson Psychiatric Associates?
- The deal value was not disclosed.
- What does PAX Health do?
- PAX Health is a specialized mental health care provider dedicated to delivering high-quality services for workplace and accident recovery.
- Where are PAX Health and Richardson Psychiatric Associates based?
- PAX Health is based in Red Bank, New Jersey, United States. Richardson Psychiatric Associates is based in New Castle, Pennsylvania, United States.
- Who are the decision-makers at PAX Health?
- Fundz holds 2 contacts at PAX Health. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in mental health care and Medical
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- Basel Medical Group acquires Bethesda Medical (April 30, 2025)
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- Globus Medical completes acquisition of Nevro Corp. (April 3, 2025)
- Concentra acquires Miami-Dade clinics from PHC and OMM (March 10, 2025)
- Merit Medical acquires BioLife hemostasis products (May 21, 2025)
- Firefly Neuroscience acquires Evoke Neuroscience (May 5, 2025)
Who to call at PAX Health, and when
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Frequently asked
Who acquired Richardson Psychiatric Associates?
Richardson Psychiatric Associates was acquired by PAX Health, based in Red Bank. The deal was reported on April 17, 2025. PAX Health is a specialized mental health care provider dedicated to delivering high-quality services for workplace and accident recovery. PAX Health is privately held and operates in Health Care.
When did PAX Health acquire Richardson Psychiatric Associates?
PAX Health's acquisition of Richardson Psychiatric Associates was reported on April 17, 2025. PAX Health has acquired Richardson Psychiatric Associates to expand its mental health services. This acquisition enhances PAX's portfolio and geographic footprint in Western Pennsylvania. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Richardson Psychiatric Associates do?
Richardson Psychiatric Associates is an outpatient psychiatric practice co-founded by Dr. W. Randolph Richardson and Lisa Richardson, PMHNP-BC. It is privately held, operating in Health Care, and is based in New Castle.
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