Elwyn & Merakey Sign Memorandum Of Understanding To Explore Affiliation In I/DD & Behavioral Health Space
Elwyn and Merakey are exploring an affiliation after signing a non-binding memorandum of understanding on March 27, 2023. Headquartered in Lafayette Hill, Pennsylvania, Merakey is a leader in behavioral health, intellectual/developmental disabilities (I/DD), and educational services and currently operates in 12 states. Elwyn, also based in Pennsylvania, is a highly respected and experienced provider of education and human services. It currently operates in 8 states. Together, the two companies would employ more than 12,000 people and provide services to 55,000 individuals across 16 states.
The companies indicated that they expect to complete their due diligence . . .