Private equity firm Consonance Capital Partners LP closed the recapitalization of Psychiatric Medical Care LLC to accelerate the expansion of its offerings and services.
Consonance partnered with Nashville, Tenn.-based Psychiatric Medical's management team on the transaction.
New York-based Consonance did not disclose the financial details of the recapitalization.
Latham & Watkins LLP and Bass, Berry & Sims PLC were the advisers for Consonance while Psychiatric Medical was advised by Brentwood Capital Advisors LLC and Waller Lansden Dortch & Davis LLP.
Psychiatric Medical operates inpatient psychiatry units and outpatient programs in over 20 states.