San Francisco, California and Charlotte, North Carolina – November 3, 2020 – Housatonic Partners, a growth-oriented private equity firm focused on investing in recurring services companies, today announced an investment in Aymira, a company serving individuals with intellectual and development disabilities (“I/DD”) through behavioral health agencies and a software platform.
Founded in 2002 by Lewis Quinn, Aymira started as a specialized behavioral health software company with a proprietary platform called OnTarget Clinical. In 2015, Aymira became a direct provider through the acquisition of a behavioral health agency called A Small Miracle, which provides a comprehensive array of supports and services to children and adults with all types of intellectual and development disabilities. Today, Aymira is a market leader in providing services to individuals living in North Carolina and software to support behavioral health agencies operating nationwide.
Housatonic is investing in partnership with incoming executives Dennis Lally and Jenna Whigham, who will join the company as Chief Executive Officer and President, respectively. Lewis Quinn will continue to serve on Aymira’s Board of Directors.
"We are humbled to join such a remarkable team and organization at Aymira,” said Lally and Whigham. “We look forward to furthering our mission and expanding our services to a broader range of individuals and organizations around the country."
Housatonic Partners Managing Director Barry Reynolds, who has joined the Aymira Board of Directors, added, “We are excited to partner with Dennis, Jenna, and the Aymira team as the company enters its next stage of growth and furthers its mission to provide the highest quality care to the I/DD community.”
Financial terms of the transaction were not disclosed.
Headquartered in Charlotte, North Carolina, Aymira is a behavioral health provider and software company, supporting individuals with I/DD (including autism, down syndrome, and cerebral palsy). The company provides various behavioral healthcare services including support with activities of daily living (e.g. cooking, cleaning, and vocational support), day programs, respite services for family members, and other interventions through its statewide provider agencies. For more information, please visit WWW.AYMIRA.COM.
About Housatonic Partners
Housatonic Partners is a private equity investment firm founded in 1994, with more than $1.3 billion in capital under management. The firm invests in growing, profitable businesses with highly recurring revenue. Housatonic Partners has backed exceptional management teams in more than 90 small to mid-sized companies over the last 26 years. For more information, please visit WWW.HOUSATONICPARTNERS.COM.