What does it mean that you're not owned by private equity?
It means we have no private equity sponsor, no venture capital investors, and no corporate parent. We are independently owned by a Board Certified Behavior Analyst. Our clinical decisions answer to families, not to a growth target or an eventual sale.
Why investors came to ABA
Over the past decade, investors recognized that autism services offer steady, insurance-funded revenue in a fragmented industry with many acquisition targets. The Center for Economic and Policy Research documented private equity taking advantage of "this steady cash flow in a fragmented industry with many opportunities for consolidation — all in the context of no minimum provider service standards and little or no regulatory oversight" (CEPR).
This is an industry-wide pattern rather than a comment about any particular practice near you. Plenty of clinicians inside investor-owned organizations do excellent work. The point is about structure and what it pushes toward over time.
What the reporting found
A 2026 Private Equity Stakeholder Project report found that PE-backed ABA providers "may seek to reduce costs by simplifying treatment plans or reducing staff training and supervision" (PESP). Those two levers — plan simplification and supervision — are precisely the things that determine whether a child's program is individualized or templated.
The 74 documented "a massive influx of private equity players capitalizing on the autism" boom (The 74), and STAT News interviewed more than three dozen families, clinicians, and experts, with parents describing providers using "cookie-cutter templates" instead of individualized plans (STAT News).
What our structure means concretely
We have no private equity sponsor, no venture capital investors, and no corporate parent. We are independently owned by a Board Certified Behavior Analyst. In practice that shows up in decisions rather than slogans: hours follow clinical need rather than what insurance allows, supervision exceeds minimum standards wherever possible, therapists are consistent rather than interchangeable, and there is no waitlist being used to manage a pipeline.
It also shows up in who answers you. The person who can change your child's program is the person who owns the practice, and there is no regional director above her weighing a growth target.
Our goal is to build the best, not the biggest. Profit is never our priority; progress always is.
Read the full explanation of our ownership or see what BCBA ownership changes.