Oceans Healthcare Acquires Merit Health Gulf Oaks Behavioral Health Operations

Orchard Mental Health Group Acquires GBCC Behavioral Health and Oasis Behavioral Health Urgent Care

February 6, 2025

Healthcare Services

Orchard Mental Health Group has entered a partnership / acquisition of GBCC Behavioral Health and Oasis Behavioral Health Urgent Care to expand its regional footprint. Physician Growth Partners served as exclusive advisor to GBCC/Oasis in the transaction. The deal strengthens Orchard's presence in the DC/Maryland/Virginia (DMV) region, expands service offerings and infrastructure across six locations and more than 80 providers.

Oceans Healthcare Acquires Haven Behavioral Healthcare

January 2, 2025

Healthcare Services

Oceans Healthcare has acquired all outstanding shares of Haven Behavioral Healthcare, a Nashville-based provider of inpatient and outpatient behavioral health services. The deal adds seven behavioral health hospitals and outpatient services across five states, expanding Oceans' network to 48 facilities across nine states and increasing its ability to provide access to care in new communities.

Webster Equity Partners Acquires Oceans Healthcare

March 29, 2022

Healthcare Services

Webster Equity Partners has acquired Oceans Healthcare, a Plano, Texas-based provider of behavioral health inpatient and outpatient services. Comvest Credit Partners (as Administrative Agent) and Silver Point Finance provided a $109 million senior secured credit facility to support the acquisition and Oceans’ planned growth and expansion of locations and services.

Summit BHC Acquires Seven Psychiatric Hospitals from Strategic Behavioral Health

January 6, 2022

Healthcare Services

Summit BHC, a national provider of behavioral health and addiction treatment services, has acquired seven inpatient psychiatric hospitals (613 beds total) from Strategic Behavioral Health. The deal expands Summit's footprint into New Mexico, North Carolina, and Wisconsin and increases its presence in Iowa, Tennessee, and Texas; terms were not disclosed.

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).

VillageMD Acquires Ocean State Healthcare from New Harbor Capital

March 19, 2021

Healthcare Services

VillageMD, through its Village Medical subsidiary, has acquired Ocean State Healthcare from private equity firm New Harbor Capital. Ocean State Healthcare — a Rhode Island primary care network with 68 clinical providers across 12 locations serving ~200,000 patients annually — will become part of Village Medical as VillageMD expands its value-based primary care footprint in the state.