Transactions

Port 45 Recovery

Port 45 Deal

Company Description

Port 45 Recovery (“Port 45” or the “Company”) is a leading provider of behavioral healthcare, offering premier treatment and rehabilitation services focused on drug and alcohol addiction, as well as mental health. The Company currently leverages 2 treatment centers in Portsmouth and Columbus, Ohio, 4 Safe Harbor houses, and a team of 57 employees to provide compassionate support to patients throughout Central and Southern Ohio.

Services Provided

MelCap Partners served as Port 45’s exclusive investment banker and financial advisor in the sale of the business. We’d like to thank the Shareholder of Port 45, Sharon Staley, for hiring MelCap Partners to represent her in this once in a lifetime transaction. It was an honor and pleasure to work with her throughout this exciting process.

Result

In an effort to provide Ms. Staley with liquidity, and to continue to support Port 45’s strategic growth plans, MelCap was able to successfully identify the most logical buyer for the business. As a result, Port 45 was sold to Sunrise Treatment Center (“Sunrise”), headquartered in Cincinnati, OH, a portfolio company of Bridges Fund Management (“Bridges”). Sunrise provides a comprehensive outpatient treatment program, which offers safe, effective, and evidence-based care to meet the treatment needs of adults struggling with substance use disorders. The acquisition of Port 45 is essential in augmenting Sunrise’s strategic growth initiative to expand its geographic footprint throughout the state of Ohio.

Client Quote

Providing the Services Business Owners Need For Nearly Two Decades

At MelCap Partners, our team of experienced industry professionals has a high amount of respect for business owners making pivotal decisions — whether they’re selling their business or expanding. We do our best to provide services that honor the work they’ve put into building their business from the ground up.

We know the big events concerning your business are hard, especially if family is involved, and that’s why our team is ready to help so you don’t have to go through the process alone. We’ll help you navigate any challenges that come your way so you can successfully meet your goals and objectives.

If you’re ready for help taking the next step in pursuing your goals, we’d love to use our experience to get you there. We know that getting to this point hasn’t been easy and we’re here to walk you through the process. If you’re ready to start, we’d love to have you connect with one of our professionals today.

  • Category: Healthcare, Private Equity, Sell-Side M&A
Need help with your transaction?
We work with you to ensure that we understand your goals to put a plan in place for your transaction.
Let's Talk