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Turning Point secures growth investment

January 6, 2016
by Julie Miller, Editor in Chief
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Turning Point, an addiction and co-occurring disorder treatment program in New Haven, Conn., has secured a strategic investment from North Castle Partners and its co-investors. The terms of the transaction were not disclosed.

Led by David Vieau, founder and CEO, Turning Point's outpatient and three-phased sober residential program for young men include life skills training and character development through music, martial arts and other activities. Programs are CARF accredited. There are currently eight facilities in its portfolio.

"Turning Point is an innovation and quality leader in this arena, and we will leverage our network and substantial prior experience with consumer health and service businesses, such as CRC Health and Red Door Spas, to help grow Turning Point into the premier multi-site, multi-population extended care system that provides the definitive standard for quality of aftercare," said Lou Marinaccio, North Castle Partners’ managing director, in a statement.  

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