Experience in for profit foster child placement?

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May 29, 2025

by a searcher from University of California, Berkeley - Haas School of Business in Santa Monica, CA, USA

Hello, recently got a signed LOI for a for-profit child placement company in Texas - I'm looking for operators, investors, lenders, and advisors that have experience in the space that can help us get up to speed and identify & structure around major risks. Thank you!!
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Reply by a searcher
from Harvard University in San Anselmo, CA 94960, USA
Andrew - I spent time on this space. Would be very cautious. Check out the implications of proposed Texas HB 2216 and the impact similar legislation has had in other states on foster care placements.
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Reply by a professional
in Chicago, IL, USA
Andrew - I’ve worked with organizations in the foster care and adoption space and understand the unique regulatory and liability risks that come with it. Happy to connect and share insights or help you think through insurance risk structuring as you move forward.
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