Acquisitions in Alabama in 2016

Centre Partners, a New York-based middle market private equity firm, has completed an investment in Bradford Health Services in partnership with the company's management team led by CEO Clay Simmons and CFO Chip Stephens. Bradford Health, based in Birmingham, Alabama, operates 30 clinical facilities across six states offering inpatient, outpatient and residential substance abuse treatment; the partnership is intended to accelerate growth and expand access to affordable care. NXT Capital provided debt financing and Coker Capital Advisors served as financial advisor to Bradford Health.