Acadia Healthcare Acquires Four CTC Facilities from Brand New Start Treatment Centers

Acadia Healthcare Acquires Three Comprehensive Treatment Centers in North Carolina

March 28, 2024

Healthcare Services

Acadia Healthcare (NASDAQ: ACHC) has acquired three comprehensive treatment centers in North Carolina — now rebranded as Raleigh Comprehensive Treatment Center, Greenville Comprehensive Treatment Center, and Hillsborough Comprehensive Treatment Center — expanding its CTC footprint in the state to 10 locations and its national footprint to 160 CTC locations across 32 states. The centers provide medication-assisted treatment (MAT) combined with behavioral therapy and other support services; Acadia says the additions were identified through collaboration with UNC and aim to increase access to substance use disorder treatment in North Carolina.

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.

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).

BRC Healthcare Acquires Four Nashville Substance Abuse Treatment Facilities

July 13, 2021

Healthcare Services

BRC Healthcare, a Texas-based provider of addiction treatment services, has acquired four Nashville-area substance abuse treatment businesses — Nashville Recovery Center, NRC Clinical, Nashville Detox Center and Tennessee Recovery Clinic. The transaction brings a full continuum of care to BRC's portfolio as the company plans to expand treatment bed capacity and outpatient services in the Nashville market; founders Ryan Cain and Darren Hobbs will remain in management roles.

Aurora Health Acquires Cornerstone Treatment Facilities Network

December 19, 2022

Healthcare Services

Aurora Health has acquired Cornerstone Treatment Facilities Network, an inpatient addiction and rehabilitation provider with locations in Fresh Meadows and Rhinebeck, New York. Carl Marks Securities advised Cornerstone on the sale; financial terms were not disclosed and the seller included employee owners through an ESOP. The acquisition expands Aurora's portfolio of healthcare facilities and behavioral-health capabilities.

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.