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Webster Capital Acquires Behavior Development Group

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Waltham, MA (May 16, 2018) – Webster Capital is pleased to announce its partnership with Behavior Development Group (“BDG” or the “Company”), a provider of Applied Behavior Analysis (“ABA”) to children with Autism Spectrum Disorder (“ASD”) in the southeast.

Founded by Kiel and Kate Rager and headquartered in Ft. Lauderdale, FL, BDG provides ABA services in both the home and treatment centers, focusing on providing intensive services to younger children with the aim of helping them achieve their maximum potential. As a provider with an excellent clinical reputation, BDG maintains strong relationships with autism support groups, major health systems, neurology groups and other stakeholders.

“We are excited to partner with Kiel and Kate to assist them in continuing to grow BDG while maintaining the central focus on providing excellent service to its clients,” said John Garbarino, Partner at Webster Capital. “There is a tremendous opportunity to expand access to these critical services for the severely underserved population of children with ASD, and we look forward to helping BDG close that gap.”

Founder and CEO Kiel Rager said “Given our shared vision and recognition of the importance of clinical quality and patient service, I am thrilled to partner with Webster and begin this new chapter for BDG.” Kate Rager added, “The Webster team brings a wealth of experience in healthcare broadly and pediatric behavioral care specifically, which will be invaluable as we continue expanding.”

About Webster Capital
Founded in 2003, Webster Capital is a private equity firm that invests in the healthcare services and branded consumer industries.  With over $625 million in assets under management, Webster Capital provides equity financing, expertise, and a broad contact network for management buyouts and growth capital. For additional information on Webster Capital please visit www.webstercapital.com.

About Behavior Development Group
Behavior Development Group provides Applied Behavior Analysis services to children with Autism Spectrum Disorder. The Company is headquartered in Ft. Lauderdale, FL, and focuses on providing intensive services to young children with the aim of helping them achieve their maximum potential. For additional information on Behavior Development Group please visit www.behaviordg.com.