Functional Family Therapy LLC
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Functional Family Therapy LLC - overview
Established
1998
Location
Seattle, WA, US
Primary Industry
Healthcare Specialists
About
Functional Family Therapy LLC provides evidence-based interventions for at-risk youth and their families, specializing in behavioral issues, substance abuse, and delinquency, ultimately fostering healthier family dynamics. Functional Family Therapy LLC, founded in 1998 and headquartered in Seattle, US, specializes in providing evidence-based therapeutic interventions for youth and their families. The company has not reported any significant changes in business operations or strategy. The firm's offerings are tailored to meet the needs of families facing behavioral challenges and are primarily delivered across the United States.
The founder’s history is not specified, and there are no mentions of past companies. In December 2021, the company was acquired by Empower Community Care, a portfolio company of Northlane Capital Partners, although the financial terms of the deal were not disclosed. Functional Family Therapy (FFT) specializes in delivering evidence-based interventions designed to support at-risk youth and their families, primarily addressing issues related to behavior problems, conduct disorders, substance abuse, and delinquency. The company's core offerings, including Functional Family Therapy Child Welfare® (FFT-CW®) and Functional Family Probation and Parole (FFP®), focus on tailored counseling services that cater to the unique needs and cultural backgrounds of the families involved.
These programs are implemented in various community settings and are structured to engage youths referred by juvenile justice, mental health, school, and child welfare systems. Through over fifty studies, FFT has demonstrated its effectiveness in improving family dynamics and fostering positive behavioral changes, providing services predominantly in the United States, with specific implementations reported in states such as Florida. FFT's revenue model revolves around providing specialized counseling services through collaborations with juvenile justice systems, schools, and child welfare agencies. The company engages in contractual agreements with these entities to deliver its core services, which include the FFT model and its adaptations for different populations, such as youth involved in gang activities or on probation.
This transaction structure typically involves service agreements that may be renewed periodically based on performance metrics and outcomes. As FFT implements programs like the Redirection Project in Florida, which has demonstrated significant cost savings, these successful outcomes play a crucial role in justifying further investments and partnerships. Revenue is generated through these contractual engagements, facilitating the delivery of services that foster family preservation and youth rehabilitation. Following its acquisition in December 2021, Functional Family Therapy LLC aims to expand its capabilities and services under the umbrella of Empower Community Care.
The company plans to explore additional strategic partnerships that will enhance its service offerings. Although specific upcoming products or geographic expansions are not detailed, the rationale behind the acquisition suggests a commitment to broadening its reach and effectiveness in the field of family therapy.
Current Investors
Empower Community Care
Primary Industry
Healthcare Specialists
Sub Industries
Healthcare IT, Mental Health Services, Medical Software
Website
www.fftllc.com
Verticals
HealthTech
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Functional Family Therapy LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Functional Family Therapy LLC | - |
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