Bradford Health Services Acquires Parkdale Center

Bradford Health Services Acquires Cornerstone of Recovery

September 7, 2021

Healthcare Services

Bradford Health Services, a Birmingham-based addiction treatment provider backed by Centre Partners, has acquired Cornerstone of Recovery, a Tennessee-based substance use disorder treatment provider operating two Knoxville-area inpatient facilities. The acquisition expands Bradford's inpatient addiction treatment footprint into Tennessee and increases its continuum of care across the Southeast.

Lee Equity Partners Acquires Bradford Health Services from Centre Partners

October 28, 2022

Healthcare Services

Lee Equity Partners acquired a majority ownership interest in Bradford Health Services, a Birmingham, Alabama-based provider of substance use disorder treatment, from Centre Partners and other existing investors; Centre Partners will retain a minority stake. The deal (terms undisclosed) was financed by Fifth Third and Comvest Credit Partners and positions Bradford to scale its 40-facility behavioral health platform across the Southeast under existing management.

Discovery Behavioral Health Acquires Brookdale Premier Addiction Recovery

August 10, 2022

Healthcare Services

Discovery Behavioral Health has acquired Brookdale Premier Addiction Recovery, a 110‑bed residential treatment center in Scotrun, Pennsylvania. The acquisition expands Discovery’s network of evidence‑based mental health and substance use treatment centers and represents the company’s first treatment center in Pennsylvania as it grows its Eastern U.S. footprint.

Bradford Health Services Acquires Lakeview Health

September 25, 2024

Healthcare Services

Bradford Health Services, a Lee Equity–backed provider of addiction treatment, has acquired Lakeview Health, a Jacksonville-based behavioral health provider that operates specialized programs including The Rose, The Star, Koru Spring, and Stepping Stones. The transaction expands Bradford’s clinical capabilities and geographic footprint across the Southeast, integrating Lakeview’s gender-specific and eating-disorder programs into Bradford’s nationwide treatment network.

Bradford Health Services Acquires The Estate at River Bend

April 25, 2022

Healthcare Services

Bradford Health Services has acquired The Estate at River Bend, a 108-acre residential substance use disorder treatment facility near the Mississippi Gulf Coast. The acquisition expands Bradford's footprint into Mississippi and adds residential and onsite detox capabilities to its network, which now operates 40 facilities across the Southeast.

Acadia Healthcare Acquires CenterPointe Behavioral Health System

January 3, 2022

Healthcare Services

Acadia Healthcare completed the acquisition of CenterPointe Behavioral Health System, adding four inpatient hospitals (260 acute care beds and 46 specialty substance-use beds) and 10 outpatient locations across Missouri. Acadia funded the transaction with cash on hand and borrowings under its revolving credit facility and said the deal extends its footprint in high-growth Missouri markets (St. Louis, Kansas City and Columbia).