Independent mental health care institution (Southeast Netherlands)

An established, independent mental health care institution with a track record of over 15 years that combines general basic mental health care, specialized mental health care, and youth services—including Infant Mental Health—within a single small-scale, agile organization. The institution serves a steady regional flow of clients through long-standing relationships with virtually all health insurers and with several municipalities (youth services). Its status as an accredited mental health training site and a high percentage of BIG-registered practitioners ensure the quality of care. Following a careful transition period, the management is eager to transfer the organization to a stronger partner who can capitalize on its growth potential.

Investment Highlights

• Three care lines under one roof (basic mental health care, specialized mental health care, child and youth mental health/IMH)—a rare find, seldom on the market; can be integrated directly into a mental health care platform.
• Annual contracts (one-year term), but continuously renewed for many years with virtually all insurers and several municipalities; youth services with no revenue cap = immediate room for growth.
• Waiting times consistently well above the Treek standards; robust, recurring demand with low reliance on new patient acquisition.
• Substantial earning potential; intentionally small-scale team, no hourly quotas: net €285k (of which €225k is within funding limits) + synergy of €50–105k; potential for a multiple of this amount.
• Quality assured: NEN-EN-ISO 9001:2015 and KIBG certification, accredited mental health training site, high proportion of BIG-registered practitioners;
• Client rating: 8.5+/10.

Key Financial Figures
Stable revenue of approximately €2.3 million. Adjusted EBITDA fully normalized (management fees + one-time items). Margin in line with the sector; upside in the ZPM segment (the company itself, net after the DGA acquisition (hours-based): €285k at full potential (~€819k), of which €225k within current caps → pro forma basis ~€760k; strategic buyer + synergy €50–105k and above cap → ~€810–924k). No revenue cap on youth services + €265k of unused ZPM cap space (CZ/ASR/VGZ) = clear growth path.