NEW YORK, NY – May 18, 2021 – As reported in the Wall Street Journal, Edgemont Partners (“Edgemont”), a premier healthcare investment bank and a leading M&A and capital raising advisor exclusively serving healthcare companies, acted as exclusive financial advisor to Mindful Health Solutions, a leading provider of interventional psychiatry services, in its growth investment from Norwest Venture Partners.  Edgemont’s deal team was led by Managing Director Jeff Swearingen and Vice President Brandon Breslow, with execution support from Associates Philip Litmanov and Rebecca Herz, and Analyst Zach Linder.

Founded in 2007, Mindful Health Solutions (MHS) provides in-network mental health services focused on improving clinical outcomes for patients with a wide range of conditions such as anxiety, depression, OCD, ADHD, PTSD, and memory disorders. MHS provides access to comprehensive mental health care, offering virtual and in-person Medication Management, talk therapy, Transcranial Magnetic Stimulation (TMS), Esketamine nasal spray, and other therapies via its extensive team of psychiatrists and psychiatric nurse practitioners.

Headquartered in San Francisco, MHS operates more than 15 clinics throughout California and offers secure, convenient telehealth appointments. MHS’ newest clinics are located in Newport Beach, Los Angeles, Elk Grove, and Roseville. In partnership with Norwest, the Company plans to expand access to their services and establish a multi-region footprint. Norwest intends to leverage its deep healthcare services experience across specialties to bolster the platform and fuel growth.

MHS CEO Brad Hummel noted, “Edgemont served as a valued advisor to MHS throughout the transaction process with Norwest, and the advice we received led to a great outcome for MHS.  Norwest’s proven track record of building industry-leading healthcare services companies made them a clear choice as a partner for us.”

Norwest’s growth investment in MHS marks Edgemont’s twenty-seventh physician services transaction. Other recent transactions include the recapitalization of Quigley Eye Specialists by New Harbor Capital, the sale of Arizona Dermatology to West Dermatology, and the sale of Spine Nevada to HopCo. Edgemont is the leading investment banking firm advising independent physician practices on strategic alternatives, including mergers, acquisitions, sales, and private equity recapitalizations. Edgemont’s Clinician Services group serves practices across a broad range of office-based and hospital specialties, including outpatient mental health services, orthopedics / musculoskeletal care, cardiovascular care, dental, dermatology, ophthalmology, urology, urgent care, primary care, psychiatry, gastroenterology, rheumatology, pain management, women’s health / OB-GYN, and fertility as well as emergency medicine, hospitalist medicine, anesthesiology, and radiology.

About Mindful Health Solutions

At Mindful Health Solutions, skilled psychiatrists and psychiatric nurse practitioners work tirelessly to ensure that each patient is treated with respect and compassion. MHS providers understand the challenges of suffering from clinical depression and other psychiatric disorders.  MHS’ goal is to help patients manage these profound difficulties through its technology platform which offers both telemedicine and in-person visits. MHS provides therapy, medication, and the most advanced treatments available, including TMS and Esketamine, and accepts all major insurance.

For more information, please visit mindfulhealthsolutions.com.

About Norwest Venture Partners

Norwest is a leading venture and growth equity investment firm managing more than $9.5 billion in capital. Since its inception, Norwest has invested in more than 600 companies and partners with over 150 active companies currently in its venture and growth equity portfolio. The firm invests in early to late stage companies across a wide range of sectors with a focus on consumer, enterprise, and healthcare. Norwest offers a deep network of connections, operating experience, and a wide range of impactful services to help CEOs and founders scale their businesses. Norwest has offices in Palo Alto and San Francisco, with subsidiaries in India and Israel. For more information, please visit www.nvp.com.

About Edgemont Partners

Now in its 20^th year, Edgemont ranks among the most active and best-performing independent healthcare M&A and financial advisors in the U.S. We focus solely on providing expert strategic advice and transaction execution to healthcare and life sciences companies, bringing a steadfast commitment to our clients, driven always to prioritize their best interests. Edgemont’s principals have executed 170+ transactions with an aggregate value of $65 billion+.

For more information on Edgemont and how we can best serve you, contact Ben Hughes at +1 (646) 632-3967, or visit our website at www.edgemont.com.

Investment banking services are provided by Edgemont Capital Partners, LP, a registered broker-dealer and member of FINRA and SIPC.