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Summit BHC announces deal with new investors

October 11, 2017  |  Tom Valentino, Senior Editor
article

Summit BHC on Wednesday announced an agreement with private equity investors Lee Equity Partners and FFL Partners to acquire a controlling interest in the company from Flexpoint Ford and other investors.

Halifax Group invests in Delphi Behavioral Health

October 10, 2017  |  Julie Miller, Editor in Chief
news

Delphi Behavioral Health Group has completed a recapitalization with private investment firm the Halifax Group.

D’Amore Healthcare acquires Pat Moore Foundation

October 4, 2017  |  Tom Valentino, Senior Editor
news

The acquisition expands D’Amore’s presence and service offerings in the Orange County, Calif., area.

AAC set to open leased facility

September 29, 2017  |  Julie Miller, Editor in Chief
news

AAC's Townsend Recovery Center New Orleans has secured licensing and will open on October 9.

Longbranch Recovery Center to open in Louisiana

September 21, 2017  |  Tom Valentino, Senior Editor
news

Healthcare entrepreneur Chris McMahon is opening a 32-bed inpatient addiction treatment center in Abita Springs, La., in December, with an outpatient program slated to open at a satellite facility a month prior.

AdCare buy would add Medicare and Medicaid to AAC payer mix

September 14, 2017  |  Julie Miller, Editor in Chief
article

AAC plans to acquire AdCare in the Northeast, while at the same time adding Medicare and Medicaid to the AAC payer mix.

Private equity acquires Alternative Behavior Strategies

September 12, 2017  |  Julie Miller, Editor in Chief
news

Private equity firms Petra Capital Partners and MMC Health Services have completed a deal to acquire Alternative Behavior Strategies and its autism centers located in California, North Carolina and Utah.

Seaside Healthcare acquires two Georgia facilities

September 11, 2017  |  Julie Miller, Editor in Chief
news

Seaside Healthcare has added Access MHA of Georgia to its portfolio—Seaside’s first entry into the state.

Altamont Capital invests in Sequel Youth

September 5, 2017  |  Julie Miller, Editor in Chief
news

Sequel Youth & Family Services now has a majority investment from private equity firm Altamont Capital Partners. Funds will be leveraged for organic expansion and acquisition of new programs.

Eating Recovery Center enters acquisition deal

August 30, 2017  |  Julie Miller, Editor in Chief
news

Eating Recovery Center has entered into a deal allowing CCMP Capital Advisors, LP to acquire a controlling interest in ERC from Lee Equity Partners.

Bargain price seals the deal on new mental health complex

August 23, 2017  |  Julie Miller, Editor in Chief
news

A former acute care facility in Missouri will be converted into a mental health, skilled nursing and intensive outpatient complex that will serve adults, children and seniors. The selling price was just $13.

Meridian eyes Highland Hospital after Acadia deal falls through

August 23, 2017  |  Julie Miller, Editor in Chief
news

Meridian Behavioral Health plans to purchase Highland Hospital Association, its first entry into West Virginia.

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