Operator-led healthcare holding company

Building the leading platform in autism and behavioral health care.

Thrive ABS Healthcare Holdings partners with founder- and clinician-led ABA and behavioral health providers, investing the capital, infrastructure and operating expertise they need to serve more families.

Sector focus

ABA therapy & behavioral health

Model

Operator-led holding company

Partners

Founders, clinicians & co-investors

The Firm

Long-term owners of essential care

We acquire and grow high-quality ABA and behavioral health practices, keeping clinical leadership at the center of every decision.

Our leadership combines hands-on clinical experience with healthcare operations and finance. We build shared infrastructure for credentialing, revenue cycle, compliance and recruiting, so each practice in the Thrive family can focus on outcomes for the children, adolescents and adults it serves.

Focus Areas

Two service lines, built for depth

A deliberate focus lets us understand the clinical models, payer dynamics and workforce needs of each line better than a generalist investor.

Applied Behavior Analysis

Autism Services

BCBA-led programs delivering medically necessary ABA therapy across care settings.

  • Center-based and early intervention programs
  • In-home and community-based services
  • School-based and social skills programs

Behavioral Health

Outpatient Mental Health

Licensed clinician practices serving children, families and adults in their communities.

  • Individual, family and group therapy
  • Psychological and diagnostic evaluation
  • Integrated care alongside ABA services

Investment Criteria

What we look for in a partner

We are flexible on structure and move with discretion. If your practice is near these parameters, we welcome a conversation.

ServicesABA therapy and outpatient behavioral health
Annual revenue$2M – $25MSmaller add-on practices considered alongside existing platforms
EBITDA$500K – $5M
GeographyUnited States
Transaction typesMajority recapitalizations, founder transitions and add-on acquisitionsFounders may retain equity and stay involved clinically
Clinical standardBCBA oversight and documented quality programsCredentialed staff, clean authorization and billing history

Our Approach

Operators first, investors second

Clinical leadership stays in charge

Treatment decisions belong to BCBAs and licensed clinicians. We protect supervision ratios and practice culture.

Infrastructure at scale

Authorizations, ABA billing under CPT 97151–97158, payer contracting and credentialing run centrally.

Compliance by design

Documentation standards, audit readiness and multi-state licensing support across the platform.

Careers that keep talent

RBT-to-BCBA pathways, continuing education and leadership roles across a growing network.

Leadership

Our team

Clinical practice, healthcare operations and finance, working as one leadership team.

Mark Phillips

Mark Phillips

Chief Executive Officer

MBA, LNHA, CHCE. 30+ years building and scaling community-based, clinician-led care organizations; grew a national division from 0 to 58 offices in 20 states, recruited 300+ clinicians and led multiple acquisitions. Now applying that growth playbook to ABA and behavioral health.

Jonathan Numa

Jonathan Numa

Chief Operating Officer

Licensed nurse and healthcare operator with clinical experience in behavioral health integration and care coordination. Leads Thrive’s acquisition sourcing, deal execution and post-close integration across ABA and behavioral health practices.

Paul Nicolai

Paul Nicolai

Chief Financial Officer

MBA, CPA. 30-year finance executive and CFO for more than 15 years, specializing in operational strategy, M&A and financial analytics for private equity-owned businesses.

Rebecca Phillips

Rebecca Phillips

Chief Clinical Officer

MSW, LCSW. Trauma specialist and Master Practitioner of Accelerated Resolution Therapy, with experience across outpatient, intensive outpatient and substance-use treatment.

Contact

Start a confidential conversation

Practice owners, intermediaries and co-investors are welcome to reach out. All inquiries are handled in confidence.

Email

Coming soon

Phone

(239) 249-0188
Thrive ABS Healthcare Holdings

An operator-led holding company investing in ABA therapy and behavioral health.