Wednesday, November 28, 2012

Acadia Closer to $2B Goal
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, 
...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

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