Private Equity Turns to Left-Field Finance to Get Deals Done

With MSO structures sidestepping regulatory limits, private equity is eyeing a $400 billion market ripe for consolidation.

As GP-led secondaries scale to record levels, top investors are flagging a widening gap between trophy assets and weaker deals, even as new financing tools like CFOs further blur the line between sale and securitization.

Discovery Behavioral Health operates more than 100 treatment programs across 12 states.