Acadia Healthcare Company, provider of behavioral health care in 20 states, just announced plans to add 8 more facilities to its 34 facility network by year-end. With nearly $400M in planned acquisitions since September, Acadia’s latest two deals increases bed count by 25% and extends its footprint into Ohio.
As part of the late November deal, Acadia will acquire Behavioral Centers of America (Sellers: Linden Capital Partners, Health Enterprise Partners and Siguler Guff & Co.) and AmiCare Behavioral Centers, each operating four facilities. Acadia CEO, Joey Jacobs noted in a news release,
As part of the late November deal, Acadia will acquire Behavioral Centers of America (Sellers: Linden Capital Partners, Health Enterprise Partners and Siguler Guff & Co.) and AmiCare Behavioral Centers, each operating four facilities. Acadia CEO, Joey Jacobs noted in a news release,
“...We continue to consider additional acquisition opportunities in the fragmented inpatient behavioral health industry."
Under Jacob's leadership, beginning in 2011, Acadia has grown from 6 to over 40 facilities. At that time, Jacobs said that the company had potential to generate $2B in revenue from 100 facilities. Acadia continues to move toward those goals. >>Read more
