Private equity companies HCAP Partners and Hamilton Lane have enabled the buyout and integration of three US behavioural health companies, Behavioral Medicine Associates (BMA), Workers Comp Psych Net (WCPN), and Reservoir Health, to create PAX Health. 

Financial details related to the deals were not revealed. 

The merger of the three companies forms one of Northeastern US’ largest behavioural health businesses. 

New York’s BMA offers psychological assessments, specialised pain management, and therapeutic intervention services, among others. 

Reservoir Health, based in New Jersey, offers independent psychiatric examinations and has a team of care managers, who provide concierge case management to detect mental health issues through psychological diagnosis. 

WCPN, with its network of neuropsychologists, psychologists and cognitive rehabilitation specialists, focuses on treating injured workers with mental health issues across New Jersey. 

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Integration of the strengths and expertise of BMA, WCPN, and Reservoir Health is expected to position PAX Health as a comprehensive provider in the behavioral health sector in the US, helping it provide innovative solutions for mental health and well-being. 

PAX Health co-founder and CEO Anthony DeSena said: “This strategic move allows us to bring together the collective knowledge and experience of these founding companies to create a more robust, scalable, and impactful organisation.  

“We are grateful for the support and partnership of HCAP Partners and Hamilton Lane, which enables us to accelerate our vision of transforming the landscape of behavioural health.”