GMP invests with Cornerstone Continuity Partners and its search team, Josh Glade and Logan Greenspan, in acquiring a leading provider of juvenile behavioral health training services.
October 28, 2016 -- Through its investment with Cornerstone ContinuityPartners, LLC and its search team, Josh Glade and Logan Greenspan, Graue Mill Partners, LLC has acquired a leading provider of proprietary juvenile behavioral therapy training services. The Company's operating model does not involve the direct administration of behavioral therapy services, but rather provides training to therapist agencies using its proprietary therapy model, generating annual licensing and ongoing training/quality assurance revenues. Research has demonstrated that adherence to the model with ongoing support and training for therapist teams generates superior outcomes, distinguishing this unique provider as the leading participant within this increasingly complex and challenged sector of our society. Robert Whitelaw, a GMP Managing Partner, expressed the firm's enthusisam for its most recent investment commitment, "because it is the top evidence-based proprietary pyscho-social therapy model in its space, and is the proven resource in this increasingly vexing world of troubled youth and their families. The company possesses an enormous opportunity to positively effect the burden such behavior presents to these individuals, to the country's incarceration system and the latter's related cost to taxpayers. The business is a perfect complementary fit for the skillsets and backgrounds of both Logan and Josh, while they retain the technological and operating expertise of the founding partners through significant equity rollover and continued involvement."