New Platform to Provide Quality-Centric ABA Services
KKR today announced the creation of Blue Sprig Pediatrics, Inc. ("Blue
Sprig" or the "Company"), a platform of clinics providing Applied
Behavior Analysis ("ABA") for children diagnosed with Autism Spectrum
Disorder ("ASD"). The Company intends to open new clinics and partner
with existing providers to fulfill the unmet need for compassionate and
high-quality interventions for ASD patients nationwide.
This press release features multimedia. View the full release here:
Keith Jones, a proven leader in the pediatric health care services
continuum, will serve as Chief Executive Officer of Blue Sprig. Most
recently, Mr. Jones served as Chief Operating Officer at PSA Healthcare
("PSA"), a pediatric home nursing business with multi-state operations.
During his six-year tenure at PSA, Mr. Jones engineered a turn-around of
the company that resulted in expanded access to care for patients and
significant growth in the business.
"With 1 in every 68 children diagnosed with ASD, there is a large and
growing population that, unfortunately, is currently under-served," said
Keith Jones. "Our hope is that, as a scaled platform providing ABA
services, we can advocate for the resources that patients need, invest
in additional research to advance understanding and treatment of these
children, and ultimately make a difference in their quality of life and
ability to contribute to society as a whole."
"We are excited to partner with Keith and the rest of the team at Blue
Sprig on the important mission to provide critical care to millions of
children," said Ali Satvat, Member of KKR and Head of KKR's Health Care
Strategic Growth investing efforts. "We look forward to supporting Blue
Sprig with the resources and capital needed to accelerate its expansion
plans and invest in clinical quality and access to care."
For KKR, the investment is being funded through KKR's Health
Care Strategic Growth Fund, which is focused on investing in
high-growth health care-related companies for which KKR can be a unique
partner in helping reach scale.
ABOUT BLUE SPRIG PEDIATRICS, INC.
Headquartered in Houston, Texas, Blue Sprig is a rapidly growing
provider of high-quality ABA services to children with Autism Spectrum
Disorder. Blue Sprig is committed to providing compassionate,
individualized, and evidence-based behavior analytic services. For
additional information about Blue Sprig or to receive updates, please
KKR is a leading global investment firm that manages multiple
alternative asset classes, including private equity, energy,
infrastructure, real estate, credit, and, through its strategic manager
partnerships, hedge funds. KKR aims to generate attractive investment
returns by following a patient and disciplined investment approach,
employing world-class people, and driving growth and value creation with
KKR portfolio companies. KKR invests its own capital alongside its
partners' capital and provides financing solutions and investment
opportunities through its capital markets business. References to KKR's
investments may include the activities of its sponsored funds. For
additional information about KKR & Co. L.P. (NYSE: KKR), please visit
KKR's website at www.kkr.com
and on Twitter @KKR_Co.
View source version on businesswire.com: http://www.businesswire.com/news/home/20180109005598/en/
Kristi Huller or Cara Kleiman Major
News Provided by Acquire Media