Buy or Sell a Drug Rehab or Behavioral Health Business
We advise owners, operators, and qualified buyers on behavioral health M&A, off-market opportunities, and targeted acquisitions across the full continuum of care, in all fifty states.
We represent sellers and qualified buyers in behavioral health transactions requiring industry knowledge and execution.
Sell-Side Advisory
Transaction advisory and deal positioning for founder-owned facilities, including real estate for behavioral health. We advise on the sale of behavioral health facilities, existing businesses, and license transactions.
Buy-Side Representation
Targeted acquisition sourcing for qualified buyers and investors. We represent buyers by sourcing off-market opportunities matched to their ideal acquisition criteria — specializing in off-market deals across the behavioral health sector.
Valuation & Exit Planning
Behavioral health valuation and exit planning strategy. We help treatment center owners assess market value, optimize operations, and prepare their facilities for future sales.
Why Westwood
Westwood Behavioral Health helps operators evaluate opportunities and execute transactions with absolute discretion. Our team has experience with deal-making and operations — built for founder-owned behavioral health transactions, our specialized brokerage delivers industry-specific knowledge.
- Sell-side advisory
- Qualified buyer representation
- Psychiatric hospitals
- Addiction treatment facilities
For Treatment Center Owners
We handle off-market opportunities and exits for owners seeking a quiet, efficient transition without disrupting patient care or staff operations — including real estate for behavioral health.
For Qualified Buyers
We represent buyers with sourcing off-market opportunities matched to their ideal acquisition criteria. We specialize in off-market deals — from addiction treatment facilities to psychiatric hospitals — matching robust capital with high-quality clinical operators.
Across the Continuum of Care
Our specialized M&A advisory covers a comprehensive range of behavioral health transactions. We facilitate complex clinical facility deals, matching qualified buyers with established, well-positioned operations.
Confidential by Design
Behavioral health transactions, handled with discretion.
From initial valuation and buyer screening to confidential marketing and final closing, our execution-focused transaction advisory protects the integrity of founder-owned facilities.
We ensure that patients, clinical staff, and external stakeholders remain undisturbed while we meticulously navigate the complexities of the deal.
Strategic, discreet, and execution-focused.
Closed Transactions
The following is a sample of Westwood's closed transactions. Our full transaction history spans many more deals across the behavioral health continuum — representing both sellers and qualified buyers with absolute discretion.
Detox & Residential | New Jersey
65-bed detox and residential facility in New Jersey. Transaction included licensing, zoning coordination, and negotiation and execution of a new facility lease.
Sober Living + PHP/IOP | Midwest
100-bed sober living program with PHP/IOP services across 10 separate properties. Structured as a sale-leaseback transaction, preserving operational continuity for the buyer.
Multi-State Portfolio | Southwest & West Coast
Portfolio of 6 treatment centers spanning the Southwest and West Coast, offering the full continuum of care from detox through outpatient services.
Outpatient Portfolio | Southeast
Multiple outpatient programs across the Southeast covering both substance use disorder (SUD) and mental health (MH) services across diverse markets.
Non-Profit Adolescent Residential | Pennsylvania
Non-profit adolescent residential program in rural Pennsylvania. Transaction involved complex grant funding structures and mission-aligned buyer sourcing.
Multi-State Outpatient Portfolio | Diverse Payer Mix
Multi-state outpatient portfolio with a broad and diversified payer mix, providing stable revenue across commercial, Medicaid, and managed care contracts.
Telehealth Platform | PHP & IOP
Telehealth-based PHP and IOP platform with established commercial and Medicaid contracts, positioned for scalable national expansion.
About Us
Westwood Behavioral Health is led by a team of experienced operators, deal-makers, and advisors with deep roots in the behavioral health industry.
Steven Vegh
Partner
Steven Vegh is the Founder and President of Westwood Realty Associates, a boutique New York City firm specializing in investment sales and financing for multifamily, healthcare, and net-lease assets nationwide. Over his career, he has transacted more than $15 billion in real estate, including numerous healthcare-related properties, advising owners, operators, and investors on complex, often off-market transactions across major U.S. markets. Steven began his real estate career in capital markets, arranging debt for owners and developers before focusing on brokerage, and he brings this capital markets and healthcare real estate expertise to support Westwood Behavioral Health's growth and strategic partnerships.
Dan Smith
Managing Broker
Dan Smith has deep experience across behavioral health facility acquisitions, deal structuring, real estate strategy, marketing, compliance, and operations. He has worked across the full continuum of care, helping owners and operators grow behavioral health platforms through acquisitions, marketing, and operational planning. Dan also brings extensive experience in behavioral health M&A, with a strong background in supporting long-term growth.