Invo Healthcare buys Progressus Therapy
March 28, 2016
Invo HealthCare Holdings, a portfolio company of Post Capital Partners, has acquired Progressus Therapy LLC. Financial terms weren’t announced. Tampa, Florida-based Progressus school-based therapy and early intervention services for school districts and communities. PRESS RELEASE
JAMISON, Pa., March 24, 2016 /PRNewswire/ — Invo HealthCare Holdings (Invo) has announced its acquisition of Progressus Therapy, LLC (Progressus), creating the nation’s leading special education and early intervention services company. This combination, which officially closed on February 9, 2016, will significantly expand the school and community-based services provided by the organization. Both Invo and Progressus partner with school districts, charter schools and early intervention agencies to provide qualified special education and related services professionals. These services support a growing population of children from birth to 21 with special needs and focus on the following specialties: speech-language pathology, occupational and physical therapy, behavior analysis, teaching, nursing, social work and psychology. Together, Invo and Progressus provide services in more than 25 states with a staff of 1200+ skilled special education and early intervention professionals. “Through this acquisition we have united two highly-respected organizations to create the nation’s leading provider of special education and early intervention services,” said Anthony Manley, Chief Executive Officer. “Everything we do as an organization is driven by our mission to help children achieve in the classroom and beyond. With the addition of Progressus, we have significantly increased our capability to meet the growing needs of our partners and the children and families we serve.”
Invo is a portfolio company of Post Capital Partners, a private equity firm based in New York. “When we partnered with Invo several years ago, we recognized a unique opportunity to help grow a great business that does so much to serve children with special needs and their families. As we bring Invo and Progressus together under the leadership of Anthony Manley and his team, we are significantly strengthening and growing our business while furthering its vital mission,” said Mitch Davidson, Managing Director of Post Capital Partners. About Invo HealthCare and Progressus Therapy
Invo HealthCare Associates ( Progressus Therapy ( www.postcp.com ) is a private investment firm that makes both minority growth and control investments in businesses with repeat or recurring revenue models. Post Capital primarily employs an “Executive-First” deal sourcing and investment strategy in which it first identifies and partners with talented senior operating executives and then works proactively with those “Executive Partners” to identify investments. Post Capital pursues “Executive-First” platform searches, management buyouts and growth capital investments. Based in New York City, Post Capital invests a committed capital fund with top-tier institutional and sophisticated private investors. Logo – http://www.invohealthcare.com


Invo Healthcare buys Progressus Therapy

Post Capital Partners-owned Invo HealthCare Holdings Acquires Progressus Therapy
3/24/16
Invo HealthCare Holdings (Invo) has announced its acquisition of Progressus Therapy, LLC (Progressus), creating the nation's leading special education and early intervention services company. This combination, which officially closed on February 9, 2016, will significantly expand the school and community-based services provided by the organization. Both Invo and Progressus partner with school districts, charter schools and early intervention agencies to provide qualified special education and related services professionals. These services support a growing population of children from birth to 21 with special needs and focus on the following specialties: speech-language pathology, occupational and physical therapy, behavior analysis, teaching, nursing, social work and psychology. Together, Invo and Progressus provide services in more than 25 states with a staff of 1200+ skilled special education and early intervention professionals. "Through this acquisition we have united two highly-respected organizations to create the nation's leading provider of special education and early intervention services," said Anthony Manley, Chief Executive Officer. "Everything we do as an organization is driven by our mission to help children achieve in the classroom and beyond. With the addition of Progressus, we have significantly increased our capability to meet the growing needs of our partners and the children and families we serve. "
Invo is a portfolio company of Post Capital Partners, a private equity firm based in New York. "When we partnered with Invo several years ago, we recognized a unique opportunity to help grow a great business that does so much to serve children with special needs and their families. As we bring Invo and Progressus together under the leadership of Anthony Manley and his team, we are significantly strengthening and growing our business while furthering its vital mission," said Mitch Davidson, Managing Director of Post Capital Partners. About Invo HealthCare and Progressus Therapy
Invo HealthCare Associates ( www.invohealthcare.com ), based in Jamison, PA, is a leading provider of outsourced special education and related services for children with developmental delays and disabilities. Based in Tampa, FL, Progressus Therapy ( www.progressustherapy.com ) has more than 20 years of expertise in providing best practice services to school and community partners nationwide. About Post Capital Partners
Post Capital Partners ( www.postcp.com ) is a private investment firm that makes both minority growth and control investments in businesses with repeat or recurring revenue models. Post Capital primarily employs an "Executive-First" deal sourcing and investment strategy in which it first identifies and partners with talented senior operating executives and then works proactively with those "Executive Partners" to identify investments. Post Capital pursues "Executive-First" platform searches, management buyouts and growth capital investments. Based in New York City, Post Capital invests a committed capital fund with top-tier institutional and sophisticated private investors. Stories you Need to Know
Stories you Need to Know
It's on us. Share your news here.


Post Capital Partners-owned Invo HealthCare Holdings Acquires Progressus Therapy

17:33 ET     from Invo HealthCare
JAMISON, Pa., March 24, 2016 /PRNewswire/ -- Invo HealthCare Holdings (Invo) has announced its acquisition of Progressus Therapy, LLC (Progressus), creating the nation's leading special education and early intervention services company. This combination, which officially closed on February 9, 2016, will significantly expand the school and community-based services provided by the organization. Both Invo and Progressus partner with school districts, charter schools and early intervention agencies to provide qualified special education and related services professionals. These services support a growing population of children from birth to 21 with special needs and focus on the following specialties: speech-language pathology, occupational and physical therapy, behavior analysis, teaching, nursing, social work and psychology. Together, Invo and Progressus provide services in more than 25 states with a staff of 1200+ skilled special education and early intervention professionals. "Through this acquisition we have united two highly-respected organizations to create the nation's leading provider of special education and early intervention services," said Anthony Manley, Chief Executive Officer. "Everything we do as an organization is driven by our mission to help children achieve in the classroom and beyond. With the addition of Progressus, we have significantly increased our capability to meet the growing needs of our partners and the children and families we serve. "
Invo is a portfolio company of Post Capital Partners, a private equity firm based in New York. "When we partnered with Invo several years ago, we recognized a unique opportunity to help grow a great business that does so much to serve children with special needs and their families. As we bring Invo and Progressus together under the leadership of Anthony Manley and his team, we are significantly strengthening and growing our business while furthering its vital mission," said Mitch Davidson, Managing Director of Post Capital Partners. About Invo HealthCare and Progressus Therapy
Invo HealthCare Associates ( www.invohealthcare.com ), based in Jamison, PA, is a leading provider of outsourced special education and related services for children with developmental delays and disabilities. Based in Tampa, FL, Progressus Therapy ( www.progressustherapy.com ) has more than 20 years of expertise in providing best practice services to school and community partners nationwide. About Post Capital Partners
Post Capital Partners ( www.postcp.com ) is a private investment firm that makes both minority growth and control investments in businesses with repeat or recurring revenue models. Post Capital primarily employs an "Executive-First" deal sourcing and investment strategy in which it first identifies and partners with talented senior operating executives and then works proactively with those "Executive Partners" to identify investments. Post Capital pursues "Executive-First" platform searches, management buyouts and growth capital investments. Based in New York City, Post Capital invests a committed capital fund with top-tier institutional and sophisticated private investors. To view the original version on PR Newswire, visit: http://www.prnewswire.com/news-releases/invo-healthcare-acquires-progressus-therapy-creating-one-of-the-largest-special-education-services-organizations-in-the-country-300241395.html
SOURCE  Invo HealthCare


Invo HealthCare Acquires Progressus Therapy Creating One Of The Largest Special Education Services Organizations In The Country

Sterling Portfolio Co Appoints New CEO and President
January 23, 2012
Progressus Therapy, a provider of special education solutions to school districts and communities has appointed Gene Clark, Ph.D. as its new chief executive officer and Janet Knupp as its new president. Progressus Therapy is a Sterling Partners portfolio company. PRESS RELEASE
Progressus Therapy, a leading provider of special education solutions to school districts and communities around the country, announced that it has appointed Gene Clark, Ph.D. as its new chief executive officer and Janet Knupp as its new president. They will be joining a leadership team that includes independent directors Phil Handy, Dr. Rudy Crew, Dennis Archer and Wayne Lowell. Progressus also announced that Sterling Partners has made an additional investment into the company with a goal to grow Progressus’ strong financial position and expand its role as one of the largest and most effective special education solutions providers in the US. “Progressus has a long history of partnering with school districts and communities to transform their special education programs, produce meaningful cost savings and deliver exceptional results to the students who need it the most,” said Steven Taslitz, chairman and senior managing director of Sterling Partners and a member of Progressus’ board of directors. “We have worked with Gene in his role as a Dean in The InfiLaw System, and we are thrilled to be working with him again. He and Janet have proven track records of building and growing organizations in the education sector. Their business acumen and deep understanding of the space will be a great asset to Progressus’ future growth.”
A distinguished academic in business management and law, Dr. Clark brings a unique blend of leadership experience and a long track record of business success achieved over his 40-year career. For the past five years, as Dean and CEO of Phoenix School of Law and the Charlotte School of Law, Dr. Clark successfully guided the schools through the American Bar Association national accreditation process and oversaw significant improvements in student performance. He has held leadership roles at many other academic institutions, established government/university partnerships and is one of only two Australian law professors to win national honors as a recipient of the prestigious inaugural Prime Minister’s Teaching Excellence Award. A former special education teacher, Janet Knupp brings more than twenty years experience leading and growing education organizations, from start-ups to mature companies, and she has established a national reputation for excellence in K-12 education. As founding president and CEO of the Chicago Public Education Fund, she helped attract significant private investment to develop and implement empowering educational programs in the Chicago Public School system. Gene Clark added, “Janet, the board and I all share Progressus’ passion for delivering exceptional results to the students who need it the most. I have had the pleasure of working with some of my new colleagues before, and I am very excited to be a part of this team as we continue to build on Progressus’ core, industry-leading practice.”
The members of the board of directors include:
Phil Handy, the newly elected board chairman, served as chairman of the Florida State Board of Education for six years. Currently the CEO of Strategic Industries, Phil was appointed twice by President George W. Bush to the National Board of Education Sciences, where he has served as vice chairman. Dr. Rudy Crew is the former chancellor of New York City Public Schools, the nation’s largest school district, and more recently served as the superintendent of Miami Public Schools. A lifelong educator, he was named 2008 National Superintendent of the Year by the American Association of School Administrators, and he currently serves as professor of clinical education as the USC Rossier School of Education. Dennis Archer, a former special education teacher, served as the mayor of Detroit from 1994 to 2001. He was the first person of color to serve as president of the American Bar Association (2003 to 2004) as well as the State Bar of Michigan. Wayne Lowell brings 25 years of experience in the health care industry, most notably as executive vice president, chief financial officer and chief administrative officer for PacifiCare Health Systems. More recently, he has consulted a wide variety of organizations on strategic, financial and operating issues. Steven Taslitz co-founded Sterling Partners in 1983 and is currently chairman and senior managing director of the firm. Shoshana Vernick joined Sterling Partners in 2003 and is currently a principal with the firm. Shoshana formerly worked at private equity firm One Equity Partners, and was a strategist for digital solutions provider Razorfish. About Progressus Therapy
Headquartered in Tampa, FL, Progressus Therapy is the leading provider of speech-language pathology, occupational therapy and physical therapy services to school districts and communities around the country. Founded in 1989, Progressus has a long-standing track record of partnering with school districts to improve the effectiveness and efficiency of their special education programs and deliver exceptional results to the students who need it the most. Progressus Therapy is a Sterling Partners portfolio company. Sterling Partners is a private equity firm with a distinct point of view on how to build great companies. We’ve been around since 1983 and have invested billions of dollars, but what really defines us is our purpose: INSPIRED GROWTH®, which describes our approach to buying differentiated businesses and growing them in inspired ways. We focus on investing growth capital in small and mid-market companies in industries with positive, long-term trends – education, healthcare, and business services. And we provide valuable support to our management teams via a deep and dedicated team of operations and functional experts based in our offices in Chicago, Baltimore, and Miami. At Sterling, we believe in ideas and ideals, in people and partnerships that drive long-term success. © 2015 Buyouts Insider / Argosy Group LLC


Sterling Portfolio Co Appoints New CEO and President

Progressus Therapy

AllianceCare

Chicago Public Education Fund

Funding Date

Pre-Money Valuation

Post-Money Valuation

Amount Raised

Shares Authorized

Issuance Price

Dividend Rate

Liquidation Preferences

Liquidation Price

Participation

Conversion Price

Anti Dilution

General Voting

Board Voting

Par Value

Acquired

Progressus Therapy is an education solutions provider, partnering with school districts to identify Speech-Language Pathology, Occupational Therapy, and Physical Therapy recruitment needs. Progressus clinicians in occupational therapy, speech language pathology and physical therapy support more than 30,000 children nationwide. The company is a nationwide provider of school-based therapy and early intervention services for school districts and communities across the country.

Invo Healthcare

Name	Rachel Farreny M A BCBA
Firm
Work History
Other Seats	Progressus Therapy

Name	Work History	Title	Status
Gene Clark		Chief Executive Officer	Current
Craig Bartlett		Chief Financial Officer	Current
Lisa Orlando		Senior Vice President	Current
Greg F Bellomy	AllianceCare	Chief Executive Officer, President	Former
Janet Knupp	Chicago Public Education Fund	Chief Executive Officer, President	Former

Name	Gene Clark	Craig Bartlett	Lisa Orlando	Greg F Bellomy	Janet Knupp
Work History				AllianceCare	Chicago Public Education Fund
Title	Chief Executive Officer	Chief Financial Officer	Senior Vice President	Chief Executive Officer, President	Chief Executive Officer, President
Status	Current	Current	Current	Former	Former

Wells Fargo Success Story

3M Success Story

Platform Overview

Progressus Therapy

Executives

Board of Directors

Progressus Therapy Board of Director

Progressus Therapy Management Team

8 Team Members

Discover the right solution for your team