ImpactAlpha, Dec. 23 – Less than half of the 4.6 million opioid users in the U.S. are diagnosed, and less than half of those receive treatment. Community Medical Services, a Scottsdale, Ariz.-based opioid treatment provider, operates 45 clinics in nine states with a focus on “changing the way society views addiction and addiction treatment.”
Private equity firm FFL Partners and Two Sigma Impact, the impact investing arm of Two Sigma, acquired majority ownership in the firm. Terms of the deal were not disclosed.
Two Sigma’s Geoff Lieberthal said Two Sigma’s focus on data science and workforce development can help drive value at the company as it looks to enhance its therapist recruitment and retention practices.