M&A Deal Summary

BayMark Health Services Acquires Choices of Louisiana

On December 16, 2020, BayMark Health Services acquired healthcare services company Choices of Louisiana

Acquisition Highlights
  • This is BayMark Health Services’ 19th transaction in the Healthcare Services sector.
  • This is BayMark Health Services’ 18th transaction in the United States.
  • This is BayMark Health Services’ 2nd transaction in Louisiana.

M&A Deal Summary
Date 2020-12-16
Target Choices of Louisiana
Sector Healthcare Services
Buyer(s) BayMark Health Services
Deal Type Add-on Acquisition

Target

Choices of Louisiana

New Orleans, Louisiana, United States
Choices of Louisiana is a provider of proven treatment for opioid addiction consisting of three Opioid Treatment Programs (OTPs), one in Alexandria and two in the New Orleans, LA market.

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Buyer(S) 1

Buyer

BayMark Health Services

Lewisville, Texas, United States
Category Company
Founded 2015
Sector Healthcare Services
DESCRIPTION

BayMark Health Services is a provider of individualized treatment options integrating pharmacotherapy, clinical counseling, recovery support, and medical services at 45 locations in 9 states, treating over 23,000 patients daily in their recovery from opiate addiction. Its addiction treatment programs deliver medically-supervised services for adults in a variety of modalities and settings. BayMark Health Services was founded in 2015 and is based in Lewisville, Texas.

DEAL STATS #
Overall 19 of 33
Sector (Healthcare Services) 19 of 33
Type (Add-on Acquisition) 16 of 30
State (Louisiana) 2 of 3
Country (United States) 18 of 32
Year (2020) 7 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-15 Liberty Bay

Portland, Maine, United States

Liberty Bay offers treatment for a variety of addictions including not only opioids but also alcohol, cocaine, methamphetamine, prescription drugs, and other substances. Liberty Bay is based in Portland, Maine.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-18 Echo Treatment Center

Washington, Pennsylvania, United States

Echo Treatment Center an opioid treatment provider. Echo Treatment provides outpatient medication-assisted treatment (MAT) utilizing methadone and substance abuse counseling and education. The facility will fall under BayMark’s MedMark Treatment Centers brand. Echo Treatment Center was founded in 2016 and is based in Washington, Pennsylvania.

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