Acadia Healthcare Company acquired Brand New Start Treatment Centers (four CTCs, Georgia) and Turning Point Centers (Salt Lake City, Utah) (individually immaterial; not separately disclosed), a transaction completed in November 2022, structured as all cash. The deal was a Asset purchases (facility / comprehensive-treatment-center tuck-ins).
Brand New Start Treatment Centers (four CTCs, Georgia) and Turning Point Centers (Salt Lake City, Utah) operates in U.S. behavioral health (substance use / comprehensive treatment centers), is based in United States — Georgia (Brand New Start CTCs) and Salt Lake City, Utah (Turning Point). Two recent named U.S. tuck-ins disclosed in Acadia's 10-K Acquisitions notes (date shown is a placeholder for the cohort): on November 7, 2022 Acadia acquired four comprehensive treatment centers (CTCs) located in Georgia from Brand New Start Treatment Centers; and on February 22, 2024 Acadia acquired substantially all of the assets of Turning Point Centers, a 76-bed specialty provider of substance use disorder and primary mental health treatment services supporting the Salt Lake City, Utah metropolitan market. These represent Acadia's continued, selective tuck-in activity alongside its primary growth pathways of joint ventures and de novo facilities.
Selective specialty and CTC tuck-ins complementing Acadia's joint-venture and de novo-led growth strategy.
Specialty substance-use and comprehensive-treatment-center capacity in targeted metro markets. Folded into Acadia's U.S. behavioral health operations
On February 22, 2024, we acquired substantially all of the assets of Turning Point Centers (“Turning Point”), a 76-bed specialty provider of substance use disorder and primary mental health treatment services that supports the Salt Lake City, Utah, metropolitan market.Acadia Healthcare FY2025 10-K, Acquisitions note
Advisory firms were not disclosed for this transaction.