The Stepping Stones Group (Stepping Stones) acquired EBS Healthcare (EBS), a Pennsylvania-based therapeutic and behavioral company. The combination of Stepping Stones and EBS creates a premier, national provider of therapeutic, behavioral, autism, nursing, and educational services to children in school, home, and community settings. The combined company will serve children, families, and communities in over 900 school districts across 42 states.
While EBS and Stepping Stones will remain legally separate companies marketing their respective brands, they will be led and managed by a combined leadership team. Mark Stubits, founder and chief executive officer (CEO) of EBS, will continue to play an instrumental role in the company’s future as a shareholder, and will become vice chairman of Stepping Stones’ Board of Directors. Mr. Stubits will work closely with Stepping Stones’ CEO Tim Murphy on bringing the organizations together and developing strategies for future growth.
The Stepping Stones Group was represented by Troutman Pepper Hamilton Sanders, LLP for legal advisory services. Madison Capital Funding, LLC led the debt financing. EBS Healthcare was represented by Capstone Headwaters as exclusive financial advisor, and Polsinelli for legal advisory services.
The Stepping Stones Group provides therapeutic and behavioral services to children, including those with special needs and autism. The company serves over 600 clients and 140,000 children annually across 37 states. With over 30 years of experience, the company has more than 4,500 employees, including licensed clinicians and special educators, dedicated to delivering high-quality therapeutic and behavioral services.
EBS Healthcare provides clinic, school, and home-based behavioral and therapeutic services to children with autism, special needs, and developmental/behavior issues.
This was reported by The Stepping Stones Group on March 15, 2021.
Contact information: The Stepping Stones Group, 123 North Upper Wacker Drive, Suite 1150, Chicago, Illinois 60606; 800-337-5965; Email: firstname.lastname@example.org; Website: www.thesteppingstonesgroup.com