Cary Street Partners Announces the Sale of The Institute for Family Centered Services

June 05, 2009

Deal Summary

Cary Street Partners is pleased to announce that it served as the exclusive financial advisor to The Institute for Family Centered Services (“IFCS”) in its sale to Massachusetts-based The MENTOR Network. Terms of the transaction were not disclosed.

The acquisition extends The MENTOR Network’s ability to serve youth and families throughout Florida, Maryland, North Carolina and Virginia, and brings together two companies with outstanding reputations for successfully serving families facing challenging and difficult circumstances.

Founded in 1988, IFCS pioneered the Family Centered Treatment® model, which is an outcome-driven, best practice method used to help create positive change for families in crisis. Since then, IFCS’ 300+ employees have been providing home and community based human services to government sponsored families and troubled individuals through a network of 20 offices located in Virginia, Maryland, North Carolina and Florida.

The MENTOR Network is a national network of local human services providers offering an array of quality, community-based services to adults and children with intellectual and developmental disabilities, acquired brain injury and other catastrophic injuries and illnesses; to youth with emotional, behavioral and medically complex challenges as well as their families; and to elders in need of home care.

About Cary Street Partners

Cary Street Partners provides objective investment banking and wealth management solutions to successful individuals, institutions and companies from its Southeastern base. The investment banking team provides a broad range of services including merger and acquisition advisory services, private placements of debt and equity capital, and strategic and financial advice to management teams and boards of directors of emerging growth and middle market public and private companies across a variety of industries.