Acadia Healthcare Company acquired Youth and Family Centered Services, Inc. (YFCS) for approximately $178.0 million, a transaction completed in April 2011, structured as all cash.
Youth and Family Centered Services, Inc. (YFCS) operates in U.S. behavioral health (children & adolescents), is based in United States — 13 facilities across eight states. On April 1, 2011 Acadia acquired Youth and Family Centered Services, Inc. (YFCS), the largest private, for-profit provider of behavioral health, education and long-term support services exclusively for abused and neglected children and adolescents. At acquisition YFCS operated 13 facilities in eight states. Its services include residential treatment care, community-based services, acute care, specialized education services, therapeutic group homes, therapeutic foster care, and medical and behavioral services. The YFCS purchase was the platform deal that Acadia built its public company around, completed roughly seven months before the PHC reverse merger took Acadia public.
YFCS established Acadia's scaled platform in for-profit behavioral health, spanning 13 facilities across eight states immediately ahead of Acadia's path to the public markets.
Largest for-profit operator in its niche, with a multi-state, multi-modality footprint that became Acadia's operating core. Folded into Acadia's U.S. behavioral health operations
On April 1, 2011, we acquired Youth and Family Centered Services, Inc. (“YFCS”), the largest private, for-profit provider of behavioral health, education and long term support services exclusively for abused and neglected children and adolescents.Acadia Healthcare FY2011 Form 10-K, Business
Advisory firms were not disclosed for this transaction.