Add-on Acquisition • Healthcare Services

Summit BHC Acquires The Pavilion at Williamsburg Place

On January 11, 2021, Summit BHC acquired healthcare services company The Pavilion at Williamsburg Place

Acquisition Context
  • This is Summit BHC’s 10th transaction in the Healthcare Services sector.
  • This is Summit BHC’s 10th transaction in the United States.
  • This is Summit BHC’s 2nd transaction in Virginia.

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M&A Deal Summary

Date January 11, 2021
Target The Pavilion at Williamsburg Place
Sector Healthcare Services
Buyer(s) Summit BHC
Deal Type Add-on Acquisition

Target Company

The Pavilion at Williamsburg Place

Williamsburg, Virginia, United States
The Pavilion at Williamsburg Place is a 66-bed, 33,500-square foot inpatient psychiatric facility that offers services based on principles of milieu therapy which provide a safe, supportive and secure environment for individuals to return to a stable level of functioning and live life to the fullest. The Pavilion at Williamsburg Place was founded in 2012 and is based in Williamsburg, Virginia.
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Buyer Overview 1

Buyer

Summit BHC

Franklin, Tennessee, United States

Category Company
Founded 2013
Sector Healthcare Services
DESCRIPTION

Summit BHC provides substance use disorder and acute psychiatric care at 24 facilities across 16 states. Summit BHC was founded in 2013 and is based in Franklin, Tennessee.


Deal Context for Buyer #
Overall 10 of 17
Sector: Healthcare Services 10 of 17
Type: Add-on Acquisition 9 of 16
State: Virginia 2 of 2
Country: United States 10 of 17
Year: 2021 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-11 Farley Center

Williamsburg, Virginia, United States

Farley Center is a drug and alcohol addiction treatment center. Farley Center offers superior addiction treatment services to individuals from all walks of life. We are an 12 Step and medication assisted program, offering flexible treatment services that contribute to a continuum of care that assists patients to achieve long-term sobriety. Farley Center was founded in 1991 and is based in Williamsburg, Virginia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-06 Carolina Dunes

Leland, North Carolina, United States

Carolina Dunes is a state-of-the-art 112-bed psychiatric hospital for patients struggling with a variety of mental health and behavioral health challenges. Carolina Dunes was founded in 2008 and is based in Leland, North Carolina.

Buy -