Aurora Health Acquires Cornerstone Treatment Facilities Network
December 19, 2022
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.
- Buyers
- Aurora Health
- Targets
- Cornerstone Treatment Facilities Network
- Sellers
- Employee owners (ESOP)
- Industry
- Healthcare Services
- Location
- New York, United States
- Transaction Type
- Buyout
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