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
On February 11, 2015, we completed the acquisition of CRC for total consideration of approximately $1.3 billion. As consideration for the acquisition, we issued 5,975,326 shares of our common stock to certain holders of CRC common stock and repaid CRC's outstanding indebtedness.Acadia Healthcare FY2015 10-K, Acquisitions note
Advisory firms were not disclosed for this transaction.