M&A Deal Summary

Bradford Health Services Acquires Cornerstone of Recovery

On September 7, 2021, Bradford Health Services acquired healthcare services company Cornerstone of Recovery

Acquisition Highlights
  • This is Bradford Health Services’ 2nd transaction in the Healthcare Services sector.
  • This is Bradford Health Services’ 2nd transaction in the United States.
  • This is Bradford Health Services’ 1st transaction in Tennessee.

M&A Deal Summary

Date 2021-09-07
Target Cornerstone of Recovery
Sector Healthcare Services
Buyer(s) Bradford Health Services
Deal Type Add-on Acquisition

Target

Cornerstone of Recovery

Louisville, Tennessee, United States
website
Cornerstone of Recovery is a provider of drug and alcohol recovery programs. Cornerstone of Recovery was founded in 1989 and is based in Louisville, Tennessee.

Search 192,349 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Bradford Health Services

Birmingham, Alabama, United States

website


Category Company
Founded 1977
Sector Healthcare Services
DESCRIPTION

Bradford Health Services is a provider of substance abuse treatment and recovery services. Bradford offers early intervention services, crisis response, intensive outpatient care, partial hospitalization, and residential care, inpatient detox, and transitional living and life skills programming. Bradford Health Services was formed in 1977 and is based in Birmingham, Alabama.


DEAL STATS #
Overall 2 of 4
Sector (Healthcare Services) 2 of 3
Type (Add-on Acquisition) 2 of 4
State (Tennessee) 1 of 1
Country (United States) 2 of 4
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-11 Red Oak Recovery

Leicester, North Carolina, United States

Red Oak Recovery is a provider of trauma-informed substance abuse and dual diagnosis treatment for young adults across the country. With two campuses located in the pristine Blue Ridge Mountains of North Carolina, Red Oak's management and clinical staff have deep experience integrating experiential education, substance abuse, and mental health treatment programs that generate optimal outcomes and long-term recovery.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-25 The Estate

Lucedale, Mississippi, United States

The Estate offers residential addiction treatment services, including specialized programming to address co-occurring mental health disorders. Located near the Mississippi Gulf Coast, the 108-acre campus features an onsite detox facility, residential cottages, a fitness center, and amenities for nature-based experiential therapies. The Estate was formed in 2018 and is based in Lucedale, Mississippi.

Buy -