Alliance Clinical Associates

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Alliance Clinical Associates - overview

Established

1986

Location

Wheaton, IL, US

Primary Industry

Healthcare

About

Alliance Clinical Associates, located in Wheaton, offers specialized mental health services aimed at addressing a wide range of emotional and psychological issues through professional therapeutic support. Founded in 1986 by Kenneth Phillips, Alliance Clinical Associates provides comprehensive mental health services. The company is based in Wheaton, US, with a focus on evolving its operations to meet client needs. As of June 3, 2025, Alliance Clinical Associates was acquired by Duly Health and Care, a portfolio company of Ares Management.


Alliance Clinical Associates offers a wide range of mental health services, including psychological assessments, individual therapy, family therapy, and group therapy. These services cater to children, adolescents, adults, and seniors, emphasizing a faith-sensitive approach to enhance clients' mental wellness and resilience. Alliance Clinical Associates operates on a fee-for-service model, generating revenue through direct transactions with clients for therapeutic sessions and mental health consultations. The firm's revenue structure is focused on personalized care, reflecting the expertise of its qualified therapists.


Following its acquisition by Duly Health and Care in June 2025, Alliance Clinical Associates plans to enhance access to integrated and affordable behavioral health services throughout Chicagoland. The expansion will leverage a strengthened network of over 30 experienced providers, aimed at increasing service accessibility in the region.


Current Investors

Duly Health and Care

Primary Industry

Healthcare

Sub Industries

Clinics/Outpatient Services, Mental Health Services

Website

www.allianceclinical.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Alliance Clinical Associates - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedAlliance Clinical Associates-

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