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 disability (I/DD) and severe mental illness throughout South Carolina and North Carolina. It currently operates six treatment facilities in South Carolina, including three group homes, two psychiatric residential treatment facilities, and one Intensive Services Facility. In North Carolina it provides Level III group home for males located in Hendersonville. John Short, Excalibur’s CEO, will remain with Broadstep, leading operations, growth, and expansion across the southeast as regional vice president.
Relocating its headquarters from Wisconsin to North Carolina in 2020, Broadstep provides residential and community-based services to individuals with I/DD and behavioral health conditions, including autism and mental illness. During its 49-year history, Broadstep has grown to over 90 facilities serving more than 1,300 individuals in Wisconsin, Illinois, South Carolina, New Jersey, and Nebraska. On December 31, 2020, Broadstep announced further expansion in Wisconsin through the acquisition of Good Hope Manor, an assisted living provider organization serving individuals with mental illness and chronic and often debilitating medical conditions.
This was reported by Broadstep Behavioral Health, Inc. on January 19, 2021.
Contact information: John Tote, Vice President of Business Development, Broadstep Behavioral Health, Inc., The Forum II Corporate Office, 8521 Six Forks Road , Suite 300, Raleigh, NC 27615; 919-219-3944; Email: email@example.com; Website: http://www.broadstep.com