Crossroads Treatment Centers Acquires Family Health Services (New Kensington & Ford City, PA)

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.

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.

Agape Care Group Acquires Select Crossroads Hospice Locations in Four US States

September 16, 2024

Healthcare Services

Agape Care Group, a portfolio company of Ridgemont Equity Partners, has acquired select Crossroads Hospice & Palliative Care locations in Oklahoma, Kansas, Missouri and Georgia. Crossroads will continue to operate independently in Tennessee, Ohio and Pennsylvania; financial terms were not disclosed.

Revelstoke Capital Partners and CDPQ Recapitalize Crossroads Treatment Centers

January 11, 2022

Healthcare Services

Revelstoke Capital Partners and Caisse de dépôt et placement du Québec (CDPQ), alongside Crossroads' management, completed a recapitalization of Crossroads Treatment Centers to support the company's next phase of growth. The transaction provides capital to pursue add-on acquisitions and invest in Crossroads' value-based behavioral health care model across its network of treatment locations.

HomeCentris Healthcare Acquires Family First Home Healthcare

April 3, 2025

Healthcare Services

Owings Mills-based HomeCentris Healthcare has acquired Philadelphia-based Family First Home Healthcare, closing the deal on April 3. The acquisition expands HomeCentris' footprint into Pennsylvania and strengthens its ability to serve Medicaid and managed-care partners while integrating Family First's staff and operations into HomeCentris' technology and operational platform.

PAX Health Acquires Harris Psychiatric Services

January 27, 2025

Healthcare Services

PAX Health, backed by HCAP Partners and Hamilton Lane, has acquired Harris Psychiatric Services, an outpatient psychiatric practice specializing in care for patients recovering from workplace injuries and motor vehicle accidents. The add-on expands PAX Health’s trauma-related behavioral health and chronic pain management capabilities and aims to improve access and referral pathways for injured workers and accident survivors.