Blue Wolf Capital Partners, a New York-based private equity firm, acquired RHA Health Services, an Asheville, NC-based provider of community-based health services focused on individuals with intellectual and developmental disabilities, behavioral health needs, and substance use challenges.
The amount of the deal was not disclosed.
The compay intends to use the proceeds to continue enhancing its service offerings.
Led by Jeanne Duncan, CEO, RHA Health Services is a multi-state company providing a comprehensive network of support services for people with intellectual developmental disabilities, mental illness and substance use challenges, physical disabilities and aging. The programs are accredited through the Council on Quality and Leadership (CQL) and the Commission on Accreditation of Rehabilitation Facilities International (CARF).
The company, which has operations in Georgia, Florida, North Carolina, and Tennessee, serves 25,000 people each year.