Private Equity Firm Crestview Partners, L.P., Invests in ValueOptions, Inc.
OPEN MINDS, The Behavioral Health & Social Service Industry Analyst Industry News On July 19, 2007, ValueOptions, Inc., announced a definitive agreement with New York-based private equity firm Crestview Partners, L.P., to invest in ValueOptions in exchange for a significant equity stake in the company. The move will be accompanied by a new governance structure. ValueOptions founder, Dr. Ronald Dozoretz, will continue as chairman of the board and the new formal board of directors will include representatives from ValueOptions, Crestview, as well as independent members. The deal has been under consideration for about a year. Terms of the . . .