GE Capital Finances Acquisition of Futures Behavior Therapy Center, LLC by Community Intervention Services, Inc.

GE Capital's Healthcare Financial Services (HFS) business announced today that it served as administrative agent on a $55 million senior credit facility to recapitalize the Community Intervention Services, Inc. (CIS) balance sheet, support CIS's acquisition of Futures Behavior Therapy Center, LLC and provide additional capacity for targeted acquisitions. GE Capital Markets served as sole lead arranger and bookrunner on the transaction. CIS, based in Austin, TX, is a leading provider of behavioral health services that cares for more than 50,000 patients annually. CIS was established by private equity firm H.I.G. Growth Partners, in partnership with behavioral healthcare executive Kevin Sheehan, to acquire, develop and operate a national network of specialized behavioral health treatment facilities and programs. Headquartered in Beverly, MA, Futures Behavior Therapy Center is a clinic-based provider of treatment and education services for children with autism spectrum disorders and other developmental disabilities. "Futures marks CIS' sixth acquisition and further expands our treatment capabilities," said Kevin Sheehan, CEO of CIS. "It was a pleasure to work with the HFS team due to its deep understanding of the healthcare industry, particularly in the area of behavioral health." "This transaction demonstrates our extensive experience and continued commitment to the behavioral healthcare sector," said Al Aria, senior managing director of corporate finance at GE Capital, Healthcare Financial Services. "We look forward to collaborating further with CIS and H.I.G. and supporting their growth objectives."