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Covington Associates Announces Advisory Role in the Recapitalization of Point Quest by Avesi PartnersAugust 25, 2022 (Boston, MA) Covington Associates, a leading middle market investment bank announced its role as exclusive financial advisor to Point Quest, a leading provider of adolescent behavioral health and special education services in California, primarily serving K-12 school districts, in the recapitalization of its business by Avesi Partners. Partnering alongside cofounders Ronda and Greg Jaggers and the Point Quest management team, Avesis investment will help the Company execute on its mission of positively impacting the lives of as many children and their families as possible by continuing to provide high-quality, comprehensive behavioral health and special education services.Headquartered in Sacramento, CA, Point Quest works alongside school districts to provide students with a wide range of behavioral health and special education services via paraprofessionals, mental health therapists, speech language pathologists, occupational therapists, and other specialists. Founded in 1991 and based in Boston, the vision for Covington has been to provide clients with the highest caliber of senior-level attention and to remain an advice driven and results focused organization. Further information can be found at https://www.covllc.com/our-firm-covington-associates.Point Quest is a leading provider of adolescent behavioral health and special education services in California, primarily serving K-12 school districts. Avesi collaborates with families, founders, and executives in an effort to accelerate growth and expansion, while positioning businesses to achieve long-term success and enduring value.

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Amount - Total raised
Date August 25, 2022 Announcement date
Investors - Lead investors
Company https://pointquested.com/ Funded company

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