Investing in outpatient mental health
We partner with the founders of great group practices.
Fireside Strategic is an investment firm that acquires and grows outpatient behavioral health group practices — with the founder still at the table and the culture intact.
Investment criteria
What we look for
$1M+
Annual EBITDA
Outpatient behavioral health
Therapy, psychiatry and related services
Commercial insurance
Most of your revenue comes from a diversified mix of in-network commercial payors
Ambitious founder with integrity
You are hungry to build an extraordinary practice with excellent clinician retention, profitability, and patient care
We stand for culture, clinician/non-clinician partnership, and truly comprehensive care.
Treat people well
Practices that treat clinicians like gold retain them, and clients feel the difference. So do founders, who we treat with straightforward respect through the ups and downs of transactions.
Founders stay in the room
Sell a majority stake but keep a real role and significant upside in what comes next.
Deep, specialized expertise
Our team has built and sold group practices. We help with payor negotiations, added service lines, acquiring other values-aligned practices, marketing, and more.
Mental health is health
Clients do better when their care is connected. We help practices expand into psychiatry, primary care integration, and more, so they treat the whole person and improve outcomes along the way.
The videocast
Group Practice BS
Candid conversations with practice owners and operators about growth, payors, culture and what it really takes to sell.
Watch on YouTube →Built by people who have built some of America's leading group practices.
Our partners and advisors have founded, scaled and sold behavioral health group practices — and they sit alongside founders after we invest.
Thinking about what's next for your practice?
A first conversation is confidential and carries no obligation.
Start a conversation