Center for Social Dynamics Acquired by Goldman Sachs Alternatives
Deal News | Dec 03, 2024 | NMS Capital
Goldman Sachs Alternatives has completed its acquisition of the Center for Social Dynamics (CSD) from NMS Capital. This transaction marks Goldman Sachs' commitment to investing in companies that address significant needs in the healthcare sector. CSD specializes in providing Applied Behavior Analysis (ABA) therapy to children with Autism Spectrum Disorder (ASD) and other developmental conditions. Serving over 4,000 clients across several states, CSD delivers care in diverse settings, utilizing both in-person and virtual platforms to enhance its service delivery. The partnership with Goldman Sachs is expected to bolster CSD's growth potential and improve access to high-quality care for families requiring ABA therapy. Founded in Northern California, CSD expanded under NMS Capital’s ownership across five states, establishing itself as an innovative leader in the field. Goldman Sachs brings its expansive network and expertise to support CSD's mission in increasing accessibility and elevating clinical quality standards in the industry.
Sectors
- Healthcare
- Private Equity
Geography
- United States – The primary geography of the article is the United States, as the companies involved are based there and the services are provided across several states including California, Washington, Oregon, Hawaii, and Colorado.
Industry
- Healthcare – This industry is relevant as the article discusses the acquisition of a company providing healthcare services, specifically ABA therapy for ASD.
- Private Equity – Relevant as the article details an acquisition involving Goldman Sachs Alternatives, a significant player in private equity investments.
Financials
- Not Disclosed – The financial terms of the transaction between Goldman Sachs and NMS Capital for the acquisition of CSD were not disclosed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Center for Social Dynamics | Target | Company | A provider of ABA therapy for children with ASD. |
| NMS Capital | Seller | Company | The previous owner of Center for Social Dynamics. |
| Goldman Sachs Alternatives | Buyer | Company | A division of Goldman Sachs investing in alternative investments and now acquiring CSD. |
| Kelly Bozarth | CEO | Person | CEO of Center for Social Dynamics. |
| Martin Chavez | Managing Partner | Person | Managing Partner and Co-Founder of NMS Capital. |
| Jason Slocum | Managing Director | Person | Managing Director in Inclusive Growth at Goldman Sachs Alternatives. |
| Adrian Jones | Partner | Person | Partner, Chairman and Co-Head of Global Private Equity at Goldman Sachs Alternatives. |
| Raymond James | Financial Advisor | Company | Served as the exclusive financial advisor for CSD. |
| McDermott Will and Emery | Legal Advisor | Company | Served as legal counsel for CSD. |
| Latham & Watkins | Legal Advisor | Company | Served as legal counsel for Goldman Sachs. |