The Stepping Stones Group (Stepping Stones), a leading national provider of therapeutic and behavioral health services to children in the K-12 educational setting, today announced the acquisition of StaffRehab, a California based provider of therapy, nursing, and behavioral health services to children with autism and special needs in school settings.
StaffRehab will operate as a subsidiary of The Stepping Stones Group and will be incorporated in The Stepping Stones Group’s West Region. Sara Palmer will assume Market President, West Region and will report directly to Anthony Rintala, President and COO. In addition to Sara, we are pleased to announce Lindsay Joseph, StaffRehab’s Chief Talent Officer, will also join The Stepping Stones Group as the Director of Behavioral Recruiting and report directly to Sara Palmer.
“We are thrilled with the acquisition of StaffRehab. Sara Palmer, Lindsay Joseph, and their team have spent the last 10 years working to build a high performing organization and becoming one of the fastest growing leaders in therapeutic and behavioral services. We believe that The Stepping Stones Group’s shared mission and national resources can support StaffRehab’s growth ambitions,” said Tim Murphy, the Chief Executive Officer of The Stepping Stones Group.
“StaffRehab has experienced significant growth in providing therapeutic and behavioral health services to children and I believe that by joining a strategic partner like The Stepping Stones Group, we will now be part of a larger platform and have the capabilities to create better futures for the children our therapists and clinicians work with every day,” said Sara Palmer, CEO of StaffRehab.
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“I know that The Stepping Stones Group’s acquisition of StaffRehab services will be a mutually beneficial partnership. I look forward to working closely with Sara as she provides leadership to the combined company’s operations for our West Region,” said The Stepping Stones Group’s President and Chief Operating Officer Anthony Rintala.
Stepping Stones is a portfolio company of Five Arrows Capital Partners, the North American corporate private equity business of Rothschild Merchant Banking.
“Five Arrows Capital Partners is proud to continue our support of The Stepping Stones Group’s management team as they expand the company’s national footprint and service offerings. The acquisition of StaffRehab is consistent with our goal to support the delivery of high-quality services to children in need of developmental therapies and behavioral services,” stated Michael Langer, Managing Director of Five Arrows Capital Partners.
Date: June 24, 2019
Source: Cision