Discovery Behavioral Health Acquires Prosperity Wellness Center
December 28, 2020
Discovery Behavioral Health has acquired Prosperity Wellness Center, a 40-bed adult residential facility in Tacoma, Washington that specializes in substance use disorder treatment. The facility is the tenth brand added to Discovery’s portfolio as the company expands its network of residential and outpatient behavioral health services to increase access to care.
- Buyers
- Discovery Behavioral Health
- Targets
- Prosperity Wellness Center
- Industry
- Healthcare Services
- Location
- Washington, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Discovery Behavioral Health Acquires Associated Behavioral Health Care (ABHC) of Seattle
December 31, 2019
Healthcare Services
Discovery Behavioral Health acquired Associated Behavioral Health Care (ABHC) of Seattle, a four-center provider of outpatient addiction and mental health services in the Puget Sound region, with the deal closing on December 31, 2019. The acquisition expands Discovery’s footprint and clinical capabilities in the Pacific Northwest, adding services such as psychiatry, psychology, TMS, chemical dependency counseling and medication management across Bellevue, North Seattle, West Seattle and Kent.
-
NewSpring Invests in Prosperity Behavioral Health
March 16, 2023
Healthcare Services
NewSpring’s healthcare strategy has invested in Prosperity Behavioral Health, a technology-enabled business process outsourcing provider for behavioral health treatment facilities. Prosperity will use the capital to invest in technology, expand service lines and the team, and pursue strategic acquisitions to grow its national footprint; Michelle Mullany was named CEO as part of the transaction.
-
Discovery Behavioral Health Acquires Memorial Hermann Prevention & Recovery Center (PaRC)
August 18, 2021
Healthcare Services
Discovery Behavioral Health has acquired the Memorial Hermann Prevention & Recovery Center (PaRC) and its network of outpatient locations from Memorial Hermann Health System. The transaction transfers PaRC's Houston-area addiction and dual-diagnosis treatment programs to Discovery, which said the acquisition expands its capacity to provide evidence-based substance use and behavioral health services across Texas.
-
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.
-
Discovery Behavioral Health Acquires New Hope Ranch
March 5, 2020
Healthcare Services
Discovery Behavioral Health has acquired New Hope Ranch, a residential addiction and mental health treatment center in Manor (greater Austin), Texas. The acquisition expands DBH’s portfolio and geographic footprint in the Austin metro, adding a 9-acre residential facility that provides medical detoxification and treatment for substance use and co-occurring mental health disorders.
-
Discovery Behavioral Health Acquires Casa Palmera
December 16, 2019
Healthcare Services
Discovery Behavioral Health, a nationwide provider of behavioral health services, has acquired Casa Palmera, a nationally recognized residential treatment facility for adults with drug and alcohol addiction located in Del Mar/San Diego, California. The acquisition expands Discovery's continuum of residential and outpatient treatment capabilities and adds experienced clinical staff to support substance use and co-occurring mental health disorder treatment.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.