Acadia Healthcare Company acquired 2016-2017 tuck-in cohort (Serenity Knolls, TrustPoint Hospital, Pocono Mountain Recovery Center, Aspire Scotland) (individually immaterial; not separately aggregated), a transaction completed in April 2016, structured as all cash. The deal was a Asset purchases (facility-level tuck-ins).
2016-2017 tuck-in cohort (Serenity Knolls, TrustPoint Hospital, Pocono Mountain Recovery Center, Aspire Scotland) operates in U.S. and U.K. behavioral health (facility-level), is based in United States (CA, TN, PA) and United Kingdom (Scotland). A cohort of named, individually immaterial facility tuck-ins disclosed in Acadia's 10-K Acquisitions notes (date shown is a placeholder spanning 2016-2017): Serenity Knolls, Forest Knolls CA (30 beds, Apr 1, 2016); TrustPoint Hospital, Murfreesboro TN (100 beds, May 1, 2016); Pocono Mountain Recovery Center, Henryville PA (108 beds, Jun 1, 2016); and Aspire Scotland, an education facility in Scotland (36 beds, ~$2M, Nov 13, 2017). These were among Acadia's last sizeable U.S. facility purchases before the company shifted toward joint ventures and de novo development.
Final wave of facility-level tuck-ins before Acadia pivoted to JV partnerships and de novo bed growth.
Incremental beds in existing markets at the tail end of Acadia's acquisition-led growth phase. Folded into Acadia U.S. and U.K. operations
On May 1, 2016, we completed the acquisition of TrustPoint Hospital, an inpatient psychiatric facility with 100 beds located in Murfreesboro, Tennessee.Acadia Healthcare FY2017 10-K, Acquisitions note
Advisory firms were not disclosed for this transaction.