Pinnacle Treatment Centers Acquires Four Outpatient Opioid Treatment Programs from Recovery Centers of America

Pinnacle Treatment Centers Acquires Four Opioid Treatment Programs in Virginia's Tidewater Region

April 22, 2019

Healthcare Services

Pinnacle Treatment Centers (a Linden Capital Partners portfolio company) acquired four outpatient opioid treatment programs in Virginia’s Tidewater region — three OTP sites operating as American Addiction Treatment Center (AATC) (Hayes, Newport News, Williamsburg) and one office-based opioid treatment (Addiction Medicine Specialists Inc.) in Newport News. Golub Capital provided financing for the transaction. The acquisition expands Pinnacle’s outpatient footprint and access to Medicaid in underserved Virginia communities.

Pinnacle Treatment Centers Acquires Stepping Stone of North Carolina

June 22, 2022

Healthcare Services

Pinnacle Treatment Centers, a Mt. Laurel, New Jersey-based provider of substance use disorder treatment, acquired Stepping Stone of North Carolina, an outpatient opioid addiction treatment provider with two locations in Boone and North Wilkesboro. The acquisition expands Pinnacle’s nationwide footprint into North Carolina and augments its capacity to provide medication-assisted treatment (MAT) to underserved communities.

Pinnacle Treatment Centers Acquires MBA Wellness Center (Stockbridge, GA)

December 8, 2022

Healthcare Services

Pinnacle Treatment Centers acquired MBA Wellness Center, an outpatient opioid addiction treatment clinic in Stockbridge, Georgia. The clinic will be rebranded as HealthQwest and expands Pinnacle's outpatient MAT footprint in Georgia, bringing the combined HealthQwest locations to six and increasing access to medication-assisted treatment in the region.

Health Connect America Acquires Pinnacle Family Services

January 6, 2022

Healthcare Services

Health Connect America, a Palladium Equity Partners-backed behavioral health platform, has acquired Pinnacle Family Services, a North Carolina-based provider of therapeutic foster care and outpatient behavioral health services. The add-on expands Health Connect America's geographic footprint into North Carolina and Florida and strengthens its therapeutic foster care capabilities; terms were not disclosed.

Pinnacle Clinical Research Adds Five Sites to Network (KMC, CRCNJ, Bellaire, Palmetto, DRI)

June 18, 2024

Healthcare Services

Pinnacle Clinical Research, a portfolio company of LongueVue Capital, has acquired or partnered with five clinical research sites — Kerwin Medical Center, The Cognitive and Research Center of New Jersey, Bellaire Clinical Research, Palmetto Clinical Research – Low Country, and Dallas Research Institute — expanding Pinnacle’s network to 12 U.S. sites. The transactions broaden Pinnacle’s geographic footprint and add CNS/Alzheimer’s and metabolic disease capabilities, strengthening the platform’s ability to serve sponsors and underrepresented patient populations.

Acadia Healthcare Acquires Three Opioid Treatment Clinics in South Carolina

October 15, 2024

Healthcare Services

Acadia Healthcare (NASDAQ: ACHC) has acquired three opioid treatment program clinics in South Carolina — the opioid treatment programs of Recovery Concepts, Recovery Concepts of the Carolina Upstate, and Clear Skye Treatment Center — which will be rebranded as Clinton, Easley and Ridgeland Comprehensive Treatment Centers within Acadia's CTC service line. These are Acadia's first Comprehensive Treatment Centers (CTCs) in South Carolina and expand the company's outpatient medication-assisted treatment footprint serving Medicaid and other patients.