| December 11, 2024 Inperium, Inc. and its affiliates (“Inperium”), together the nation’s fastest-growing nonprofit human services network, today announced the closing of the previously disclosed affiliation with Resources for Human Development (RHD), a leading multi-state nonprofit provider of behavioral health and social support services. The consolidated enterprise will have operations across nineteen states and annualized revenues approximating $800 million. |
| CEO Commentaries Ryan D. Smith, Executive Chairman and CEO of Inperium, commented on the Closing:”The successful completion of our affiliation with RHD demonstrates our commitment to fostering partnerships that enhance the delivery of vital human services. This affiliation was Inperium’s fourth in the first half of Fiscal 2025, and we are strategically positioned to pursue additional opportunities from our robust pipeline. I remain confident that we will reach our goal of $1 billion in annualized revenues by the tenth anniversary of Inperium’s founding in January 2026.” Brian Matthew Rhodes, Esq., President and CEO of RHD added: “We could not be more excited about moving forward with this affiliation, which will enhance the continuum of care under the banner of Resources for Human Development for the individuals and communities we support.” |
| About Inperium Inperium is a national leader in nonprofit human services, providing a broad range of programs designed to improve the quality of life for individuals with intellectual or developmental disabilities, behavioral health challenges, and other needs. For more information, visit www.inperium.org. |
| About Angler West Consultants Angler West (www.anglerwestconsultants.com) serves as an intermediary for nonprofit consolidators, facilitating acquisition and divestiture strategies for specialty healthcare and human services organizations. Since its founding in 1996, Angler West has leveraged its extensive transaction expertise and industry relationships to drive profitable growth for its clients. |
| For Additional Information: Kevin Fee President Angler West Consultants, Inc. kfee@anglerwestconsultants.com 215-630-8336 | Kevin Fee III Vice President Angler West Consultants, Inc. kevinfeeiii@anglerwestconsultants.com 240-463-9006 |