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BEHAVIORAL HEALTH GROUP
OVERVIEW
Behavioral Health Group (BHG) is a leading provider of outpatient substance abuse treatment services, primarily for addiction to prescription pain medication.
www.bhgrecovery.com
CEO1ST PARTNER(S)
Mike Cannizzaro, Chairman and CEO, has 35 years of senior leadership experience in healthcare companies, including Baxter, CVS Caremark, Sunrise Medical, Sheridan Healthcare and National Nephrology. Jim Draudt, COO, co-founded BHG in 2006 in partnership with Andy Love, who remains an advisor to the company. Draudt and Love built BHG into one of the leaders in this fast-growing segment through both organic growth and acquisitions.
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STATUS
Industry is fragmented and underserved
Initial investment to fund acquisition from its founder-owners and angel investors, 2011
Leading market positions across seven states solidified by subsequent add-on acquisitions
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