ARC Health, a group of mental healthcare practices and a portfolio company of the Thurston Group, has bought Denver Wellness Associates, a mental healthcare provider group located in Denver, Colo.

Founded by Jeanne Theobald in 2016, DWA has two clinic locations in Cherry Creek and Lakewood, Colo. The practice focuses on providing clinical care to the general community of Denver with a focus on semi-urgent availability and accepting all insurance plans. With a team of over 20 providers, DWA offers multiple service lines including therapy and ketamine services as well as transcranial magnetic stimulation (TMS). The deal looks to allow DWA to access additional resources and support to develop its practice and expand its reach throughout the region.

“As we continue to grow to meet the needs of our community, we look forward to utilizing the additional resources and support that ARC Health offers,” comment Theobald.

Clew Partners originated the transaction and served as buyside advisor to ARC Health.