Acadia Healthcare Company acquires Behavioral Centers of America, LLC and AmiCare Behavioral Centers

Acadia Healthcare Company acquired Behavioral Centers of America, LLC and AmiCare Behavioral Centers, a transaction completed in December 2012, structured as all cash (funded with a new $300M term loan / $100M revolver and proceeds from a $173.0M common-stock sale).

Behavioral Centers of America, LLC and AmiCare Behavioral Centers operates in U.S. behavioral health (inpatient psychiatric), is based in United States. On December 31, 2012 Acadia completed the previously announced acquisitions of Behavioral Centers of America, LLC and AmiCare Behavioral Centers. Together the two transactions brought eight inpatient psychiatric facilities and over 600 licensed inpatient beds to Acadia. Concurrently Acadia expanded and extended its senior secured credit facility to a $300 million term loan plus a $100 million revolver at a rate 100 basis points lower than the prior facility.

“We are very pleased to have closed 2012 with two significant acquisitions, which together bring eight inpatient psychiatric facilities and over 600 licensed inpatient beds to Acadia.”

Eight inpatient psychiatric facilities and 600+ beds acquired in a single year-end close, extending Acadia's national footprint. Folded into Acadia's U.S. inpatient operations