Sponsored by VMG Health | info@vmghealth.com | 214.369.4888

2 private equity firms vie for Acadia Healthcare

Two private equity firms have reportedly shown interest in purchasing Acadia Healthcare, a behavioral healthcare facility operator in Franklin, Tenn., according to CNBC.

The organization, which operates nearly 600 behavioral healthcare facilities across 40 states, was reportedly approached by private equity firms KKR in Houston and TPG Global, headquartered in Fort Worth, Texas, and San Francisco, people familiar with the situation told Reuters Oct. 18. Following the report, Acadia Healthcare's stock rose more than 9 percent.

Several private equity firms have recently begun expanding into the healthcare space. KKR recently completed its $9.9 billion deal to acquire Nashville, Tenn.-based Envision Healthcare. Humana and two other private equity firms recently closed on a $4.1 billion deal to purchase Kindred Healthcare, a Louisville, Ky.-based post-acute care provider.

To access the full report, click here.

More articles on transactions and valuations:
New York may block parts of CVS-Aetna deal
McLaren Health Care to open retail clinics, primary care centers in Walgreens stores
Loyale Healthcare, examines mergers and acquisitions in healthcare

© Copyright ASC COMMUNICATIONS 2020. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.

 

Featured Webinars

Featured Whitepapers