Epotec Receives $20 Million Investment to Build Behavioral Healthcare Industry Internet Utility and Partners with Magellan Health Services

June 12, 2000Epotec Receives $20 Million Investment to Build Behavioral Healthcare Industry Internet Utility and Partners with Magellan Health Services Epotec, Inc., a provider of Internet-based behavioral health services, recently announced that it has received a $20 million second round of venture capital financing and that Magellan Behavioral Health will offer Epotec's online behavioral health services to its members. Texas Pacific Group (TPG) led a group of four investment firms, including MTS Partners and existing investors, the Sprout Group, the venture capital affiliate of Donaldson, Lufkin & Jenrette, and Svoboda, Collins L.L.C. "Behavioral healthcare is a . . .