M&A Deal Summary

CRC Health Acquires Aspen Education Group

On September 29, 2006, CRC Health acquired education company Aspen Education Group from Frazier Healthcare Partners

Acquisition Highlights
  • This is CRC Health’s 1st transaction in the Education sector.
  • This is CRC Health’s 2nd transaction in the United States.
  • This is CRC Health’s 1st transaction in California.

M&A Deal Summary
Date 2006-09-29
Target Aspen Education Group
Sector Education
Buyer(s) CRC Health
Sellers(s) Frazier Healthcare Partners
Deal Type Add-on Acquisition

Target

Aspen Education Group

Cerritos, California, United States
Aspen Education Group, Inc. is an industry leader in providing educational services to youth and their families. Aspen's educational services, which include wilderness/outdoor programs, residential schools and programs, special education day schools, young adult programs, and weight loss programs, are integrated with Aspen's strong and effective self-growth program.

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Buyer(S) 1

Buyer

CRC Health

Cupertino, California, United States
Category Company
Founded 1995
Sector Healthcare Services
Revenue 450M USD (2014)
DESCRIPTION

CRC Health Group is a provider of treatment and educational programs for addiction and related behavioral health disorders.

DEAL STATS #
Overall 2 of 3
Sector (Education) 1 of 1
Type (Add-on Acquisition) 2 of 3
State (California) 1 of 1
Country (United States) 2 of 3
Year (2006) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2003-12-01 National Speciality Clinics

United States

Provider of outpatient rehabilitation treatment services to individuals addicted to opiates.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-09-21 Structure House

Durham, North Carolina, United States

Structure House LLC is a provider of residential weight loss facility in Durham.

Buy -

Seller(S) 1

SELLER

Frazier Healthcare Partners

Investor Investor Investor Investor Investor

Category Growth Capital Firm
Founded 1991
PE ASSETS 3.4B USD
Size Large
Type Sector Focused
DESCRIPTION

Frazier Healthcare Partners is a private equity and venture capital firm specializing in Growth buyout investment specifically targets businesses that deal Healthcare, Life Sciences, Pharmaceutical services, medical products, and related sectors. Frazier Healthcare Partners was formed in 1991 and is based in Seattle, Washington with an additional office in Palo Alto, California; Boston, Massachusetts; and Menlo Park, California.

DEAL STATS #
Overall 1 of 27
Sector (Education) 1 of 1
Type (Add-on Acquisition) 1 of 12
State (California) 1 of 9
Country (United States) 1 of 27
Year (2006) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-05-04 Pentec Health

Glen Mills, Pennsylvania, United States

Pentec Health is a provider of specialty infusion services to patients who require access to complex pharmaceutical products and services outside of the hospital setting. Pentec Health was founded in 1983 and is based in Glen Mills, Pennsylvania.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-12-08 CHG Healthcare Services

Salt Lake City, Utah, United States

CHG Healthcare Services is a healthcare staffing firm that provides physicians, allied health professionals, and nurses to hospitals and healthcare organizations in all 50 states on both a temporary and permanent basis. CHG Healthcare Services is based in Salt Lake City, Utah.

Sell -
Mergr

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