Family Care Center Secures New Minority Equity Sale
The Denver-based mental health provider plans to use the fresh investment to support expansion into new communities.
Updated on Oct. 20, 2026 in Healthcare
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Denver-based mental health provider Family Care Center has closed a minority equity sale led by Apogem Capital. The company plans to use this investment to support its ongoing expansion into additional communities.
Why it matters
This investment provides the capital necessary for the company to scale its reach as demand for mental health services continues to grow. The company is currently operating over 50 locations across five states.
Family Care Center employs more than 800 providers and has treated 175,000 patients to date across 50 locations. The company expects to deliver nearly 1 million treatment sessions in 2026.
The players
Family Care Center
This is a mental health provider headquartered in Denver that operates over 50 clinics across five states.
Apogem Capital
This investment firm led the recent minority equity sale for the healthcare provider.
Revelstoke Capital Partners
This private equity firm is a long-term investor that partnered with the company founder in 2020.
Dr. Chuck Weber
He is the founder of Family Care Center who entered a partnership with Revelstoke Capital Partners.
The details
The provider offers a range of services including therapy, psychiatry, and intensive outpatient programs. The transaction involved legal counsel from Winston Taylor International LLP and Bass Berry & Sims PLC, with Jefferies serving as financial adviser.
Timeline
December 2020: Revelstoke partnered with founder Dr. Chuck Weber.
October 2026: Family Care Center closed the minority equity sale.
2026: The company expects to deliver nearly 1 million treatment sessions.
Market Landscape
This deal underscores the ongoing trend of private equity consolidation within the outpatient behavioral health sector. It positions Family Care Center to accelerate its growth strategy in a competitive market for mental health services.
Patients may see improved access to care as the company opens new clinic locations in more communities. The operational growth suggests the organization is positioning itself to handle higher patient volume over the next year.
The takeaway
The investment indicates that outpatient mental health remains a high-growth priority for institutional investors. Patients should look for increased clinic availability in their areas as the company continues to scale its operations.
Further reading
For more on the local medical sector, visit the Healthcare section.
Live Poll
Do you trust private equity firms to prioritize patient care when expanding mental health services?
