Summit BHC Acquires Seven Psychiatric Hospitals from Strategic Behavioral Health

January 6, 2022

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.

Buyers
Summit BHC
Targets
Eagle View Behavioral Health, Peak Behavioral Health, Carolina Dunes Behavioral Health, Creekside Behavioral Health, Palms Behavioral Health, Willow Creek Behavioral Health, Miramont Behavioral Health
Sellers
Strategic Behavioral Health
Location
United States
Transaction Type
Buyout

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