Chicago-based private equity firm Shore Capital Partners has completed the recapitalization of Florida Autism Center and the formation of SCP Autism Services, LLC.
This investment, of undisclosed amount, marks the fourth investment out of Shore Capital Partners Fund I, L.P., a $112.5m investment vehicle raised in May 2014. Shore plans to invest in infrastructure to streamline operations and centralize the finance, accounting, human resources, and IT functions.
Led by Chrystin Bullock, founder, Florida Autism Center provides applied behavior analysis treatment services to children diagnosed with Autism Spectrum Disorder in five centers in central and northern Florida. In addition, the company offers a private school program to students with ASD as an alternative to a public school setting.
This investment, which marks the fourth platform investment out of Shore Capital Partners Fund I, L.P., a $112.5m investment vehicle raised in May 2014, will allow the company to expand its presence through new facility openings. In conjunction with it, Florida Autism Center has hired Ralph Nelson as Chief Financial Officer and Marta Sullivan as Vice President of Human Resources and will be adding a Chief Executive Officer in the coming months.
FinSMEs
09/09/2015