MISHAWAKA — Lighthouse Autism Center, a provider of center-based, applied behavioral analysis therapy, announced Oct. 11 that Abry Partners, a Boston-based private equity firm, has made an equity investment in the company.
The investment, which gives Abry Partners an equity stake in the company, allows Lighthouse to accelerate its expansion plans and bring additional services to children with autism. It also will support Lighthouse's continued focus on driving strong clinical quality and leveraging technology to better track and utilize data to enhance outcomes.
“I couldn't be more excited about the partnership with Abry,” said Gregg Maggioli, Lighthouse's co-founder and CEO. “We now have access to the capital and the operational support that will enable us to expand our footprint, and more importantly, enhance the quality of autism treatment to our clients and their families. Further, Abry's approach and focus on clinical quality aligns perfectly with the mission and values that Lighthouse was founded upon.”
Nick Scola, principal at Abry, said Lighthouse represents an ideal investment for Abry.
“Gregg and his team have built a special company with a strong clinical foundation that is poised for significant growth,” Scola said. “We look forward to expanding the Lighthouse platform and investing in the people and technology that will further enhance clinical quality and drive positive outcomes.”
The investment in Lighthouse represents the latest platform in the continuation of Abry's healthcare investment strategy, following recent investments in US Dermatology Partners, FastMed Urgent Care and North American Dental Group LLC.
Lighthouse was founded in 2012 by Gregg and Sandy Maggioli, the parents of a child with autism. Lighthouse operates five centers across northern Indiana and southern Michigan, which focus on providing one-on-one therapy services to children between the ages of 2 and 18.