Health Enterprise Partners (HEP) has announced it has completed an investment in Aware Recovery Care.
Aware Recovery Care, based in Wallingford, Conn., is a provider of in-home mental health and substance use disorder services in Connecticut, New Hampshire, Maine, Florida and Massachusetts. The company provides what it describes as the “full continuum of home-based care,” including withdrawal management, medication-assisted treatment and management, individual therapy, family therapy and coordinated medical and behavioral healthcare.
Health Enterprise Partners, based in New York, seeks control and minority equity investments in lower middle market healthcare information technology and services companies. Founded in 2006, the firm has wide flexibility on investment size and targets companies with between $10 million and $50 million in revenue.
Aware Recovery Care represents HEP’s ninth platform investment in its third fund.
Terms of the transaction were not disclosed.