Sero Mental Health, LLC

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Sero Mental Health, LLC - overview

Established

2021

Location

Alachua, FL, US

Primary Industry

Healthcare Specialists

About

Sero Mental Health is a US-based company focused on providing high-quality mental health care through a network of treatment centers, addressing mental health conditions, eating disorders, and more. Founded in 2021 and headquartered in Alachua, US, Sero Mental Health specializes in mental health care services. The company was acquired by Lindsay Goldberg in June 2021, although financial terms were not disclosed. Sero Mental Health specializes in delivering compassionate, high-quality mental health care through its extensive nationwide network of treatment centers.


The company offers a range of services aimed at addressing mental health conditions, eating disorders, and co-occurring diagnoses. Their core offerings include personalized therapeutic support, outpatient programs, and partnerships with referring professionals to ensure seamless patient care. Sero caters to a diverse client base, including individuals seeking mental health treatment, healthcare providers, and organizations looking to improve mental wellness within their communities. Their services are designed to be accessible across multiple geographical markets, including major urban areas and underserved communities nationwide, thereby expanding their reach and impact on mental health care.


Sero Mental Health generates revenue primarily through partnerships with healthcare providers and direct service delivery to individuals in need of mental health care. The business model includes collaborative care arrangements, where Sero partners with practitioners to provide comprehensive treatment solutions and facilitate patient referrals. Revenue streams may also involve in-network arrangements with various insurance providers, allowing clients to access services through their health plans. While specific pricing structures for services are not disclosed, typical transaction types include fee-for-service models, where clients are billed for services rendered, and subscription-like arrangements for ongoing therapeutic programs.


This multifaceted approach enables Sero to maintain robust financial health while prioritizing patient access to high-quality mental health care. As of June 30, 2021, Sero Mental Health's focus includes enhancing its product offerings and expanding its geographical footprint. Leveraging recent investments from its acquisition, the company plans to introduce new therapeutic programs and improve existing services. Sero is actively targeting expansion into underserved communities across the US, with plans to establish new treatment centers by late 2024.


The recent acquisition will provide the necessary funding and strategic guidance to support these initiatives.


Current Investors

Lindsay Goldberg

Primary Industry

Healthcare Specialists

Sub Industries

Home Healthcare, Nursing Homes & Assisted Living, Mental Health Services

Website

www.seromentalhealth.com

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Sero Mental Health, LLC - 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)
BuyoutCompletedSero Mental Health, LLC-

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