HCAP Partners announced the acquisitions of Behavioral Medicine Associates, Workers Compensation Psychological Network, and Reservoir Health, merging under PAX Health. The combination of the three businesses under the PAX Health umbrella creates one of the largest behavioral health businesses in the Northeastern U.S. and allows PAX to extend the full continuum of care to patients. HCAP’s Tim Bubnack, Brian Kinsman, Stefan Okhuysen, and Ben Consoli led the transaction. Funds managed by leading private markets investment management firm, Hamilton Lane, joined HCAP in the transaction as a co-investor. Terms of the investment were not disclosed.
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