Acadia Healthcare Company acquires Three acute inpatient psychiatric hospitals (Haven Behavioral Healthcare)

Acadia Healthcare Company acquired Three acute inpatient psychiatric hospitals (Haven Behavioral Healthcare) for $91 million, a transaction completed in March 2012, structured as all cash (funded via a $70 million increase to the senior secured credit facility). The deal was a asset purchase.

Three acute inpatient psychiatric hospitals (Haven Behavioral Healthcare) operates in U.S. behavioral health (acute inpatient), is based in United States — Tucson, Arizona; Dayton, Ohio; eastern Pennsylvania, had revenue of about approximately $43.4 million (twelve months ended December 31, 2011). Acadia acquired three inpatient psychiatric hospitals from Haven Behavioral Healthcare for $91 million in cash. The facilities, with an aggregate of 166 acute inpatient psychiatric beds and total revenues of approximately $43.4 million for the twelve months ended December 31, 2011, are located in Tucson, Arizona; Dayton, Ohio; and eastern Pennsylvania.

Added 166 acute inpatient psychiatric beds in three states early in Acadia's public-company acquisition program.

166 profitable acute inpatient beds extending Acadia's multi-state footprint. Folded into Acadia's U.S. acute inpatient operations