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The Stepping Stones Group Partners With The Perfect Playground | NEWS-Line for Healthcare Professionals

The Stepping Stones Group Partners With The Perfect Playground


Source:

The Stepping Stones Group (Stepping Stones), a leading national provider of therapy and behavioral health services to children in the K-12 educational setting, today announced its partnership with The Perfect Playground OT, PT, & SLP, PLLC (The Perfect Playground), a New York based therapy company. Under the arrangement, The Stepping Stones Group will serve as a services organization and provide administrative support to The Perfect Playground in its provision of high-quality therapeutic services to children in New York public schools. The companies will work together to expand The Perfect Playground's market presence in New York.

"We are excited about our new partnership with The Perfect Playground. Patrick and his team have built a terrific organization over the past 15 years. They are trusted by both New York school officials and parents in their delivery of critical therapies for children with developmental delays and challenges. We believe that The Stepping Stones Group's capabilities will advance The Perfect Playground's mission and business objectives," said Tim Murphy, the Chief Executive Officer of The Stepping Stones Group.

"After methodically reviewing our options to better serve our stakeholders in the coming years, the decision to enter into a partnership with The Stepping Stones Group was an easy and obvious choice. Their capabilities and alignment with our mission will make for a fruitful relationship between our companies, and most importantly the children we serve," noted Perfect Playground's Owner and Executive Director Patrick DeMarco.

Under the management service agreement, The Stepping Stones Group will provide The Perfect Playground with a variety of back office and administrative services to support expansion. The Perfect Playground will continue as the direct contracting company to its existing and new clients in New York and will directly employ and supervise its therapists.

"I am confident that The Stepping Stones services will make The Perfect Playground a more effective organization. I look forward to working closely with Patrick on day-to-day matters to make our partnership mutually beneficial," said The Stepping Stones Group's President and Chief Operating Officer Anthony Rintala.

Stepping Stones is a portfolio company of Five Arrows Capital Partners, the North American corporate private equity business of Rothschild Merchant Banking.

"Five Arrows Capital Partners is proud to continue our support of The Stepping Stones Group's management team as they expand the company's national footprint.

The partnership with The Perfect Playground is consistent with our goal to support the delivery of high-quality services to children in need of developmental therapies and behavioral services," stated Michael Langer, Managing Director of Five Arrows Capital Partners.

Source:The Stepping Stones Group
Photo Credit:The Stepping Stones Group




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