Odyssey Behavioral Healthcare (“Odyssey”), a new partnership between Nautic Partners, LLC (“Nautic”) and Chief Executive Officer Scott Kardenetz, today announced it has completed the first two acquisitions of its platform, Pasadena Villa Psychiatric Residential Treatment Centers (“Pasadena Villa”) and Lifeskills South Florida (“Lifeskills”). Odyssey, headquartered in Brentwood, Tennessee, was formed to build a diversified platform of behavioral healthcare facilities across the treatment spectrum in psychiatric and addiction care. Scott Kardenetz, a 25 year veteran of the healthcare industry, has served in various leadership roles with behavioral health companies including Ardent Health Services, Psychiatric Solutions and Universal Health Services. Nautic and Odyssey management plan to invest up to $50 million of equity capital to support its strategy of growth.
Over the last year, Odyssey has sought out best in class treatment facilities across the country. Both Pasadena Villa and Lifeskills provide adult residential and outpatient treatment services and have established outstanding reputations for delivering high quality clinical care. Odyssey will seek to expand the platform through de novo development and acquisition. In developing its platform, Odyssey will continue to acquire and develop treatment facilities that are leaders in their therapeutic niche and that can benefit from senior management leadership and support.
“I’m thrilled to launch Odyssey Behavioral Healthcare with backing from Nautic Partners”, said Odyssey CEO Scott Kardenetz. “With their impressive facilities, top clinical staffs, and exceptional reputations within the industry, I believe that Pasadena Villa and Lifeskills of South Florida give Odyssey an impressive platform from which to launch our company. In addition, the Odyssey management team of behavioral health professionals Vaughn Bell, John Coleman, and Tom Croffut, who have been industry colleagues for many years, will make the new Odyssey Behavioral Healthcare enterprise an even more compelling opportunity for our clients, our employees, and our investors.”
Odyssey Behavioral Healthcare consists of a network of behavioral health facilities, including Pasadena Villa and Lifeskills. For more information about any of our facilities, feel free to reach out to them directly. For any other questions, give us a call at 615-864-8145.