Centra Capital Purchases CM Counsel, Leading Philadelphia Outpatient Behavioral Health Group

Centra Capital, LLC, an investment and business development firm, has purchased CM Counsel, an outpatient behavioral health provider organization with three offices throughout the Greater Philadelphia market. The purchase includes all physical assets and contracts for the CM Counsel offices in Exton, Plymouth Meeting, and King of Prussia. CM Counsel has been a private, family-owned operation since its establishment in 1989. Terms of the transaction were not disclosed.

CM Counsel will continue to operate under its existing brand name. In compliance with Pennsylvania regulations, Centra Capital will establish a separate management company, CM Counsel Management, LLC, with responsibility for . . .