Therapy Brands: Difference between revisions
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[[File:Therapy Brands logo.png|right]] | [[File:Therapy Brands logo.png|right]] | ||
'''Therapy Brands''' is a software developer | '''Therapy Brands''' is a software developer founded in [[Birmingham]] in [[2013]] by [[Shegun Otulana]]. It began by developing and supporting the '''TheraNest''' practice-management software platform for counseling centers. | ||
The company | The company received investment capital from Gold Standard Ventures of Vancouver, British Columbia; Providence Strategic Growth of Providence, Rhode Island; Lightyear Capital of New York, New York; and Oak HC/FT of Greenwich, Connecticut. After graduating from [[Innovation Depot]], the company opened offices at [[Two North Twentieth]]. | ||
[[Kimberly O'Loughlin]], who lives in Morristown, New Jersey, succeeded Otulana as CEO of Therapy Brands in [[2020]]. In [[2021]] KKR of New York City acquired a majority stake in the company. | [[Kimberly O'Loughlin]], who lives in Morristown, New Jersey, succeeded Otulana as CEO of Therapy Brands in [[2020]]. In May [[2021]] the investment firm KKR of New York City acquired a majority stake in the company for $1.2 billion. [[Jeffrey Shoreman]] was hired to succeed O'Loughlin as CEO in July [[2022]]. In November 2022 Therapy Brands acquired The Echo Group of Conway, New Hampshire. | ||
==Brands== | |||
* Mental and Behavioral Health | |||
** TheraNest (formerly TheraNest, MyClients+) | |||
** ShareNote | |||
* Mental Health with Substance Abuse Recovery | |||
** EchoVantage | |||
** Procentive | |||
** TenEleven | |||
* Applied Behavior Analysis | |||
** WebABA (formerly WebABA, AccuPoint, CodeMetro) | |||
** Catalyst | |||
* Physical, Occupational and Speech Therapy | |||
** Fusion (formerly Fusion, A2CMedical) | |||
* Other | |||
** Apex EDI | |||
** Logik | |||
** NewCrop | |||
** TheraLINK | |||
==References== | ==References== | ||
| Line 13: | Line 32: | ||
* Patchen, Tyler (February 11, 2020) "Birmingham-based software company names new CEO." {{BBJ}} | * Patchen, Tyler (February 11, 2020) "Birmingham-based software company names new CEO." {{BBJ}} | ||
* Patchen, Tyler (April 7, 2021) "Global firm buys majority stake in fast-growing Therapy Brands." {{BBJ}} | * Patchen, Tyler (April 7, 2021) "Global firm buys majority stake in fast-growing Therapy Brands." {{BBJ}} | ||
* Thrailkill, Laurel (August 4, 2022) "Birmingham-based Therapy Brands names new CEO." {{BBJ}} | |||
* Thrailkill, Laurel (November 30, 2022) "Birmingham's Therapy Brands acquires New Hampshire-based firm." {{BBJ}} | |||
==External links== | ==External links== | ||
| Line 20: | Line 41: | ||
[[Category:2013 establishments]] | [[Category:2013 establishments]] | ||
[[Category:Innovation Depot]] | [[Category:Innovation Depot]] | ||
[[Category:Two North Twentieth]] | |||
Latest revision as of 11:58, 15 January 2023
Therapy Brands is a software developer founded in Birmingham in 2013 by Shegun Otulana. It began by developing and supporting the TheraNest practice-management software platform for counseling centers.
The company received investment capital from Gold Standard Ventures of Vancouver, British Columbia; Providence Strategic Growth of Providence, Rhode Island; Lightyear Capital of New York, New York; and Oak HC/FT of Greenwich, Connecticut. After graduating from Innovation Depot, the company opened offices at Two North Twentieth.
Kimberly O'Loughlin, who lives in Morristown, New Jersey, succeeded Otulana as CEO of Therapy Brands in 2020. In May 2021 the investment firm KKR of New York City acquired a majority stake in the company for $1.2 billion. Jeffrey Shoreman was hired to succeed O'Loughlin as CEO in July 2022. In November 2022 Therapy Brands acquired The Echo Group of Conway, New Hampshire.
Brands
- Mental and Behavioral Health
- TheraNest (formerly TheraNest, MyClients+)
- ShareNote
- Mental Health with Substance Abuse Recovery
- EchoVantage
- Procentive
- TenEleven
- Applied Behavior Analysis
- WebABA (formerly WebABA, AccuPoint, CodeMetro)
- Catalyst
- Physical, Occupational and Speech Therapy
- Fusion (formerly Fusion, A2CMedical)
- Other
- Apex EDI
- Logik
- NewCrop
- TheraLINK
References
- Cline, Wade (April 7, 2017) "Startup Grind Birmingham features local entrepreneur Shegun Otulana, CEO of TheraNest." Bham Now
- Thornton, William (July 25, 2018) "New York firm makes majority investment in growing Birmingham company." The Birmingham News
- Johnson, Roy S. (October 12, 2018) "Family, faith, growing up where everyone “looks like you” inspired Nigerian tech entrepreneur’s huge success." The Birmingham News
- Hare, Francis (December 17, 2018) "Meet the BVC’s Jemison Awards winner: Shegun Otulana" Birmingham Business Journal
- Patchen, Tyler (February 11, 2020) "Birmingham-based software company names new CEO." Birmingham Business Journal
- Patchen, Tyler (April 7, 2021) "Global firm buys majority stake in fast-growing Therapy Brands." Birmingham Business Journal
- Thrailkill, Laurel (August 4, 2022) "Birmingham-based Therapy Brands names new CEO." Birmingham Business Journal
- Thrailkill, Laurel (November 30, 2022) "Birmingham's Therapy Brands acquires New Hampshire-based firm." Birmingham Business Journal
External links
- Therapy Brands website