Skip to main content

Levine Leichtman Capital Partners Sells Monte Nido

Levine Leichtman Capital Partners has sold its portfolio company Monte Nido & Affiliates, a provider of treatment programs and services to adults and adolescents with eating disorders, to funds managed by Revelstoke Capital Partners. 

“We are very proud of what Monte Nido has accomplished since we invested in the company. The world-class management team tripled the number of facilities through de novo openings and strategic acquisitions, while never wavering in its commitment to the highest quality treatment and industry-leading clinical outcomes. The business is exceptionally positioned for continued growth, and we wish Candy and the entire management team continued success with their new investor,” said LLCP Partner Matthew Rich.

The sale of Monte Nido is LLCP’s eleventh exit since the beginning of 2021, following Hand & Stone, Mountain Mike’s Pizza, CJ Fallon, HomeVestors, West Academic, Best Lawyers, Caring Brands, FlexXray, Trinity Consultants and Nothing Bundt Cakes. Monte Nido was an investment of Levine Leichtman Capital Partners Fund V, L.P. Harris Williams served as the lead financial advisor and Kirkland & Ellis and Polsinelli served as legal counsel to Monte Nido in connection with the sale.

Content role

© The Sortino Group Ltd

All Rights Reserved. No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or scanning or otherwise, except under the terms of the Copyright, Designs and Patents Act 1988 or under the terms of a licence issued by the Copyright Licensing Agency or other Reprographic Rights Organisation, without the written permission of the publisher. For more information about reprints from AlphaWeek, click here.