Healthcare M&A and Operational Advisory

Behavioral health M&A advisory grounded in clinical practice, operator experience, and live transactions.

Diligence, integration, and growth strategy for private equity firms, family offices, and behavioral health operators, from a single advisor who has worked all three sides of the deal.

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Practice

01

Pre-Deal Diligence

Clinical, operational, and commercial diligence on behavioral health and healthcare technology targets. Regulatory risk, reimbursement exposure, and quality of earnings assessment in coordination with financial advisors.

02

Post-Close Integration

100-day plans, clinical workflow alignment, leadership retention, and operational stabilization from close through exit.

03

Deal Structuring

JV, MSO, and recapitalization structures. Operational assessment of term sheet mechanics, earn-out assumptions, and equity rollover from LOI through close.

04

Expansion Modeling

Multi-state build-outs for psychiatric outpatient, interventional psychiatry including TMS and Spravato/esketamine, and substance use disorder programs. Behavioral health services entering SNFs and ALFs.

05

Healthcare Technology Advisory

M&A advisory on healthcare technology targets and technology assessment inside behavioral health deals. EHR, RCM, and workflow evaluation.

06

Board and Advisory Roles

Strategic advisor and board member engagements for PE-backed platforms navigating growth, governance, and transition.

Sector Focus

Psychiatric Outpatient Interventional Psychiatry: TMS and Spravato/Esketamine Substance Use Disorder Applied Behavior Analysis Post-Acute Care: SNF and ALF Healthcare Technology Telehealth and Virtual Care Multispecialty Healthcare

About Aluria

Edisa Shirley

PhD, LMHC  ·  Founder and Managing Partner

Aluria Advisory is a boutique healthcare M&A and operational advisory firm serving private equity firms, family offices, and behavioral health operators across the full deal lifecycle.

Founded by Edisa Shirley, the firm is built around a differentiation the market rarely produces: licensed clinical practice, operator experience inside healthcare platforms, and direct involvement in live transactions, in the same person. Edisa served as Director of Integrations at Refresh Mental Health, subsequently acquired by Optum, and as Vice President of Operations at Beacon Behavioral Partners, with advisory work spanning multiple transactions and two successful exits.

Credentials

Two successful exits PhD, Industrial-Organizational Psychology LMHC, Florida Corporate and advisory board member Top Women Leaders in Healthcare, 2025 and 2026