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)
Location
New York, United States
Transaction Type
Buyout

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