Acadia Healthcare Company acquired 2014-2015 U.S. & U.K. tuck-in cohort (Pacific Grove, McCallum Place, Croxton, Skyway, QAM, The Manor Clinic, Belmont, Southcoast, Meadow View, MMO) for approximately $200 million combined across the named small deals (largest disclosed: QAM ~$54.8M), a transaction completed in January 2014, structured as predominantly all cash. The deal was a Asset and stock purchases (facility-level tuck-ins).
2014-2015 U.S. & U.K. tuck-in cohort (Pacific Grove, McCallum Place, Croxton, Skyway, QAM, The Manor Clinic, Belmont, Southcoast, Meadow View, MMO) operates in U.S. and U.K. behavioral health (facility-level), is based in United States (CA, MO, WI, PA, MA, LA) and United Kingdom (England). A cohort of named, individually immaterial facility tuck-ins disclosed in Acadia's 10-K Acquisitions notes (date shown is a placeholder spanning 2014-2015; individual close dates are itemized below). 2014: Pacific Grove Hospital, Riverside CA (68 beds, ~$10M, Jan 1); McCallum Place, eating-disorder facility (85 beds, Sep 3); Croxton/Warwick Lodge, England (24 beds, ~$15M, Dec 1); Skyway House, Chico CA (28 beds, Dec 31). 2015: Quality Addictions Management (QAM), seven comprehensive treatment centers in Wisconsin (~$54.8M, Mar 1); The Manor Clinic, England (15 beds, Jul 1); Belmont Behavioral Health, Philadelphia (147 beds, Jul 1); a controlling interest in Southcoast Behavioral, Fairhaven MA (Aug 31); Meadow View, England (28 beds, Oct 1); and certain facilities from MMO Behavioral Health Systems, Louisiana (two acute facilities, 80 beds, Dec 1).
Steady facility-level tuck-ins across the U.S. and U.K. that thickened Acadia's bed count between the large platform deals.
Bed-by-bed density across existing and adjacent markets; each deal individually immaterial but cumulatively meaningful. Folded into Acadia U.S. and U.K. operations
On March 1, 2015, we acquired the stock of QAM for total consideration of approximately $54.8 million. QAM operates seven comprehensive treatment centers located in Wisconsin.Acadia Healthcare FY2015 10-K, Acquisitions note
Advisory firms were not disclosed for this transaction.