Acadia Healthcare Company acquires CRC Health Group, Inc.
Snapshot
Acadia Healthcare Company acquired CRC Health Group, Inc. for approximately $1.3 billion (total consideration) in February 2015. The transaction was structured as combination (cash plus stock; Acadia issued ~5.975 million shares and repaid CRC's outstanding debt). CRC Health Group, Inc. is a United States-based U.S. behavioral health (substance abuse / addiction treatment) business.
- Acquirer
- Acadia Healthcare Company
- Target
- CRC Health Group, Inc.
- Value
- approximately $1.3 billion (total consideration)
- Date
- February 2015
- Type
- merger
- Status
- ready
The deal at a glance
About this deal
Acadia Healthcare Company acquired CRC Health Group, Inc. for approximately $1.3 billion (total consideration), a transaction completed in February 2015, structured as combination (cash plus stock; Acadia issued ~5.975 million shares and repaid CRC's outstanding debt). The deal was a merger.
CRC Health Group, Inc. operates in U.S. behavioral health (substance abuse / addiction treatment), is based in United States. On February 11, 2015 Acadia completed the acquisition of CRC Health Group, Inc. for total consideration of approximately $1.3 billion. As consideration Acadia issued approximately 5.975 million shares of its common stock to certain holders of CRC common stock and repaid CRC's outstanding indebtedness. CRC was a leading provider of addiction-treatment and related behavioral services, materially expanding Acadia's U.S. substance-abuse-treatment platform.
CRC added a national addiction-treatment platform and comprehensive treatment center network to Acadia's U.S. behavioral health business.
National addiction-treatment platform and comprehensive treatment center network, broadening Acadia's continuum of care. Folded into Acadia's U.S. behavioral health operations
No advisory firms have been disclosed for this transaction.