M&A Deal Summary

BayMark Health Services Acquires Hope for Tomorrow

On May 26, 2021, BayMark Health Services acquired healthcare services company Hope for Tomorrow

Acquisition Highlights
  • This is BayMark Health Services’ 22nd transaction in the Healthcare Services sector.
  • This is BayMark Health Services’ 21st transaction in the United States.
  • This is BayMark Health Services’ 1st transaction in West Virginia.

M&A Deal Summary
Date 2021-05-26
Target Hope for Tomorrow
Sector Healthcare Services
Buyer(s) BayMark Health Services
Deal Type Add-on Acquisition

Target

Hope for Tomorrow

Point Pleasant, West Virginia, United States
Hope for Tomorrow offers treatment in its Point Pleasant residential facility for a variety of addictions including not only opioids but also alcohol, cocaine, methamphetamine, prescription drugs, and other substances. Hope for Tomorrow is based in Point Pleasant, West Virginia.

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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 22 of 33
Sector (Healthcare Services) 22 of 33
Type (Add-on Acquisition) 19 of 30
State (West Virginia) 1 of 1
Country (United States) 21 of 32
Year (2021) 2 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-15 PIDARC

Washington, District of Columbia, United States

PIDARC provides pharmacological intervention through methadone maintenance along with a variety of other therapeutic modalities. These are all designed to support patients in their recovery and provide them with the life skills they need to function in a drug-free environment. PIDARC was founded in 1971 and is based in Washington, District of Columbia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-24 New Day Recovery

West Monroe, Louisiana, United States

New Day Recovery offers structured residential treatment, as well as an Intensive Outpatient Program, both supported by evidence-based medication when medically appropriate and a variety of counseling services in its Shreveport and West Monroe facilities. New Day Recovery is based in West Monroe, Louisiana.

Buy -
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