March 31, 2017 - CDK Ventures, LLC Leads Preferred Equity Investment into The Well Recovery Partners, Inc.
The Well Recovery Partners, Inc. (TWRP) has announced that in order to facilitate future growth initiatives, they have closed a preferred equity financing with the help of their partner CDK Ventures, LLC. TWRP explored many financing alternatives and selected CDK Ventures, a private investment firm, as the partner that brought the most value to the company. Financial terms of the deal were not disclosed.
Established in 2016 and based in Huntington Beach, CA, The Well Recovery Partners is a non-medical drug, alcohol, and mental health treatment facility. The Well Recovery Partners offers detox programs that provide clients with the opportunity to detox in a peaceful and comfortable atmosphere. The Well Recovery Partners works with men, women and couples through their transition and provides them with the tools needed to achieve life-long recovery. TWRP provides around-the-clock clinical staff offers detox in a pet friendly environment. These components give each individual a home-like experience. Polly McCormick, CEO of TWRP commented,
“The Well Recovery Partners is excited to take the company to the next level of growth with our new investment partner CDK Ventures. This investment is targeted at accelerating The Well Recovery Partners expansion as the company continues to help heal individuals suffering from the current opiate addiction epidemic. CDK Ventures took the time to understand our business and provide financing that will allow us to continue our expansion and realize our plan to create an intensive outpatient program.”
About CDK Ventures, LLC - CDK Ventures is an independent merchant bank that provides merger and acquisition (M&A) advisory services, private equity investment and strategic consulting services to small and middle market businesses. The CDK Ventures M&A advisory and valuation services reflect a comprehensive industry knowledge, extensive transactional successes, partner-level attention to every client engagement, and real-time understanding of industry specific valuation drivers. For more information visit www.cdkventures.com or email email@example.com
About The Well Recovery Partners, Inc. - The Well Recovery Partners, Inc. is a residential, non-medical alcohol and drug treatment facility offering non-medical detox services. Learn more about their holistic healing approach, and get a sense of the new life clients can enjoy with proper addiction detox. To learn more about TWRP and its advanced service performance management solutions, visit www.thewellrecoverycenter.com or call 877-784-3935.