Florida Autism Center
The diagnosis of autism spectrum disorder greatly outpaces the availability of treatment options. In an effort to address this issue, RCP invested in Florida Autism Center (“FAC”), a female-founded autism therapy provider to expand its area of operations and integrate a growth-oriented culture into a business that was already intently focused on patient care. Initially $1.5 million, RCP’s investment in FAC grew to $42.8 million across two funds in support of the company’s growth. In addition to capital, during Resolute’s involvement FAC launched an initiative to partner with key educational programs to create a pathway to employment for recent graduates and filling much needed therapist positions at the company.
FAC grew from 4 locations at the time of RCP’s initial investment to 53 centers in three states by March 2020, when company was acquired by a private equity-backed strategic provider. RCP’s investment in FAC was recognized as an American Small Business Success Story by the Small Business Investors Alliance in 2021.