Onex Partners Completes Majority Investment In Behavioral Health Provider Organization Newport Healthcare

Onex Corporation announced that Onex Partners V  completed its acquisition of Newport Healthcare, which provides residential, partial hospitalization, outpatient treatment and day schools for adolescents and young adults with mental health disorders. Terms of the transaction were not disclosed.

Based in Orange County, California, privately held, for-profit Newport Healthcare opened its first residential treatment facility, a six-bed facility for girls ages 12 to 17 in 2008. The adolescent program treats male and female youth with depression, anxiety, eating disorders, trauma, and addiction disorder. In 2019, Newport Healthcare expanded its program to treat young adults ages 18 to 27 . . .