Caregiver Inc. — a provider of long term care services to individuals with intellectual and developmental disabilities (I/DD) — has expanded its Midwestern footprint with the acquisition of four operators in Indiana and Ohio. Fort Worth, Texas-based Caregiver announced the deal Tuesday. “We continue to support our mission of providing high quality supports to our […]
Council Capital
As demand for behavioral health care is growing, so too is investor interest in the space. That’s especially true on the private equity (PE) front. In fact, behavioral health dealmakers predict PE buyers will help fuel record levels of M&A in 2021. Among those active PE players is Council Capital. Headquartered in Nashville, Tennessee, Council […]
Acadia partners with suicide prevention organization to open new centers Acadia Healthcare (Nasdaq: ACHC) has opened 15 community resource centers in partnership with a leading suicide awareness organization to help young individuals with opioid use disorder (OUD). The centers are located in four states across the country within Acadia’s Comprehensive Treatment Centers (CTC), which provide […]
ViaQuest — a Dublin, Ohio-based provider of intellectual and developmental disabilities (IDD), behavioral health and hospice services — has received an equity investment from Council Capital, a health care-focused private equity firm. Terms of the investment were not announced. Operating in Ohio, Indiana and Pennsylvania, ViaQuest provides residential, day and employment services to individuals with […]
Acadia forms JV with Geisinger Acadia Healthcare (Nasdaq: ACHC) has formed a joint venture (JV) with Danville, Pennsylvania-based Geisinger Health System to build two new inpatient behavioral health facilities. The companies are putting a combined total of about $80 million toward the projects. The first of the two facilities will open next year in Moosic, […]
Banyan Treatment Centers opens first Texas location Banyan Treatment Centers has opened its newest facility in Waelder, Texas. Located in the southeastern part of the state, Banyan Texas is a 70-acre facility that provides drug and alcohol detoxification and residential addiction treatment services. The services are geared toward dual diagnosis patients struggling with addiction and […]
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