Consonance Capital Partners, a healthcare-focused private equity fund, announced it has completed a recapitalization of Psychiatric Medical Care in partnership with the company’s leadership team. PMC is a behavioral health management company that specializes in working with geriatric populations, particularly in underserved rural markets.
The recapitalization will facilitate expanded service offerings. Terms of the deal were not disclosed. Consonance was advised on the deal by Latham & Watkins LLP and Bass, Berry & Sims PLC. PMC was advised by Brentwood Capital Advisors and Waller Lansden Dortch & Davis LLP.