June 2, 2026 - 01:32

According to a report from Axios, the investment bank Piper Sandler Co. is leading the sale process. The auction comes as the autism services sector continues to see consolidation, with private equity firms and larger healthcare providers looking to expand their reach into specialized pediatric care.
Apara operates multiple centers across several states, offering intensive therapy programs. The decision to sell follows a period of growth for the company, which has expanded its footprint since receiving backing from Havencrest. The exact asking price or expected valuation has not been disclosed, but industry observers note that similar platforms have commanded high multiples in recent deals.
Potential buyers are likely to include other private equity firms, as well as larger behavioral health chains looking to add scale. The auction is expected to attract interest from groups already active in the autism therapy space, which has seen rising demand due to increased diagnosis rates and insurance coverage mandates.
Piper Sandler is expected to manage the bidding process in the coming weeks.
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