Intrepid today announced the acquisition of Autism Spectrum Therapies, Inc. (AST) by Learn It Systems. Intrepid initiated the transaction, assisted in the negotiations and served as exclusive financial advisor to AST.
AST provides families with supportive and effective services of the highest quality. AST’s comprehensive and empirically validated, family-focused programs include Applied Behavior Analysis, Speech Therapy, Occupational Therapy and Diagnostic Services. AST gives families more by providing help at every step on the autism journey including insurance advocacy and online resources that offer the latest research and information to the autism community.
Learn It Systems is an educational organization dedicated to ensuring that every student succeeds in school and life by delivering fresh, practical programs to support improved school performance. Learn It’s services include: academic support, specialized services, enrichment and performance management. Founded in 2007, Learn It’s programs have benefited over 100,000 students in more than 200 school districts.
“AST is a rapidly growing business in a dynamic marketplace and Intrepid was able to quickly understand our sector and identify the right strategic partners to arrive at a great outcome for AST, our staff and the families we serve. During this process, Intrepid provided insightful business and transactional guidance at each step,” said Ronit Molko, CEO of AST.
AST President Gary Weinhouse commented: “The Intrepid team became our trusted partner through the process, expertly guiding us with a keen eye for detail. They worked tirelessly to evaluate all strategic avenues for the company and we could not have been more impressed with Intrepid’s objectivity, expertise and tenacity throughout all stages of this transaction that resulted in such a tremendous outcome for AST.”
“AST is one of the leaders in the field of autism services and it has been rewarding to advise them on taking the right next step in the company’s evolution. We immersed ourselves in AST’s business to understand the unique nature of their practice and how best to position AST’s opportunities with interested parties” said Ed Bagdasarian, Chief Executive Officer of Intrepid. “This is a great partnership that enables AST to continue their valued mission of helping children and supporting their families while taking the business to the next level on a national scale,” said Adam Abramowitz, Senior Vice President at Intrepid.
Deal Team Contacts
About Intrepid Investment Bankers
Intrepid Investment Bankers provides M&A, capital raising and strategic advisory services to entrepreneurs and middle-market companies in various industry sectors. Our heritage, rooted in our founders’ successful 35-year history, breeds a culture that embraces teamwork, tenacity and creativity to win big for our clients. We believe that every company has an entrepreneurial passion that drives it and a story that defines it. Our team delivers results through skillful positioning of the client’s story and relentless execution. Based in Los Angeles, Intrepid augments its international capabilities through active membership in M&A International, an exclusive global alliance of M&A advisory firms.