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Transaction Announcement: Healthcare

Renew Consulting is an industry-leading residential behavioral health company servicing the diverse needs of behavioral health residents throughout Northwestern Oregon. Founded in 2004 by Kathy Aronson, the company is headquartered in Albany, Oregon and offers services in seven Northwest Oregon counties by more than 200 team members. It is a service-driven organization committed to providing customized, person-centered support for individuals with developmental disabilities and mental health needs. The organization provides 24-hour care in community-based residential homes.

“We were honored to work with Kathy Aronson and the whole Renew Consulting team on this important transaction,” said Paul Kacik, Managing Director and Head of Healthcare Investment Banking at HCA. “Given Renew’s exemplary history as a care provider in the State of Oregon it was important for us as the company’s investment banker to find a partner for Renew which shared the company’s values and reputation for high quality of care. Pathways immediately came to mind and was a perfect match for Renew.”


“I am extremely pleased with the guidance that I received from the entire Hexagon Capital Alliance team,” said Kathy Aronson. “I chose HCA because of the team’s long-standing experience as healthcare investment bankers. Not only did they understand how to best position Renew in the market and had relationships with all of the relevant buyers in my industry, but they also proved to be skilled dealmakers and trusted advisors helping me to achieve the best outcome personally and for the company, right through closing of the transaction.”


Hexagon Capital Alliance Hexagon Capital Alliance represented Kathy Aronson and Renew Consulting as its exclusive sell-side financial advisor. For additional information, please contact Paul Kacik at [email protected]


Hexagon Capital Alliance LLC (“HCA”) is an Orange County, CA-based middle-market investment banking firm providing mergers & acquisitions, capital raise, and strategic advisory services. Founded in 1999 and previously known as Moss Adams Capital LLC, HCA spun-out from parent Moss Adams LLP and rebranded effective January 1, 2021. HCA professionals have 120 years of combined middle-market experience and have completed more than 300 transactions in Consumer, Industrial, and Healthcare sectors. For more information, please visit www.hexagoncapitalalliance.com.


About Renew 
Pathways Health and Community Support, LLC is one of the largest providers of behavioral and mental health services in the United States. Originally founded in 1997 as Providence Service Corporation, and subsequently acquired by Atar Capital in 2018, Pathways’ mission is to improve the lives of people by inspiring personal growth, health and wellness. The organization offers a full spectrum of social services and behavioral health solutions, including mental health support, youth and family services, adult services and prevention services, to clients in their homes or through telehealth and community-based resources. The company also offers employer-based programs to help employees manage stress, anxiety and other behavioral health challenges through Pathways at Work.