Acadia Healthcare Acquires CenterPointe Behavioral Health System to Expand Service Offerings in Missouri.

MANews-(C)2009-2022

Tennessee, US-based behavioral healthcare provider Acadia Healthcare company, Inc. (NASDAQ: ACHC) has completed the acquisition of Missouri-based behavioral healthcare provider CenterPointe Behavioral Health System, to expand service offerings and continuum of care in Missouri, the company said.

Terms of the transaction were not disclosed.

Acadia funded the acquisition through a combination of cash on hand and borrowings under the company's revolving credit facility.

The acquired assets consist of four inpatient hospitals with 260 acute care beds and 46 speciality beds for substance use and 10 outpatient locations. CenterPointe operates behavioral health networks...

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