Epotec Receives $20 Million Investment to Build Behavioral Healthcare Industry Internet Utility And Partners With Magellan Health Services

OPEN MINDS, The Behavioral Health & Social Service Industry Analyst Industry News Epotec, Inc., a provider of Internet-based behavioral health services, recently announced that it has received a $20 million second round of venture capital financing and that Magellan Behavioral Health will offer Epotec's on-line behavioral health services to its members. Texas Pacific Group (TPG) led a group of four investment firms, including MTS Partners and existing investors, the Sprout Group, the venture capital affiliate of Donaldson, Lufkin & Jenrette, Inc., and Svoboda, Collins L.L.C. "Behavioral healthcare is a $100 billion business in the United . . .