FFL Partners & Two Sigma Impact Acquire Majority Stake In Addiction Treatment Provider Organization Community Medical Services

Investors FFL Partners and Two Sigma Impact acquired a majority stake in Community Medical Services (CMS), which provides opioid addiction treatment services in nine states. Community Medical Services operates 45 opioid treatment program (OTP) clinics in Arizona, Alaska, Indiana, Michigan, Montana, North Dakota, Ohio, Texas, and Wisconsin. Financial terms were not disclosed.

FFL Partners is a private equity firm founded in 1997 focused on growth investments in middle market companies. It has $5 billion under management. Chris Harris, managing partner at FFL Partners, said “Behavioral healthcare is a long-time focus of FFL’s SEED process to identify sub-sectors . . .