Industry Bulletins | January 27, 2021
Broadstep Behavioral Health Expands In South Carolina With Acquisition Of Excalibur Youth Services
North Carolina-based Broadstep Behavioral Health, Inc., part of the Bain Capital Double Impact Fund's portfolio, acquired South Carolina-based Excalibur Youth Services LLC. Broadstep's President and Chief Executive Officer (CEO) Lynn Mason said, "The addition of Excalibur to the Broadstep family expands our geographic reach and service capabilities within South Carolina. Together, our companies' homes and services are centered in three of South Carolina's most populous MSAs, representing nearly 25% of the state's population and growing."
Excalibur, initially founded in 1989 as Avalonia Group Homes Inc., provides residential treatment services to people with intellectual/developmental . . .